Bloomberg analyst: Bitcoin ETF is under some pressure, but the outflow of funds is not serious

avatar
ODAILY
02-26
This article is machine translated
Show original
Odaily reported that according to Eric Balchunas, a senior ETF analyst at Bloomberg, Bitcoin ETFs have been under pressure due to the market downturn, with nearly $1 billion in outflows and $1.8 billion in weekly flows. However, the positive side is that the outflows are less than 2% of the total assets, and considering the extent of the losses, the outflows are not severe. This trend is like taking two steps forward and one step back, and it's just a matter of getting used to it.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Followin logo