Bloomberg Analyst: Bitcoin ETF Net Inflows Hit Record High of $17.7 Billion This Year
Article is form Jinse
September 20, 2024
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Gold Finance reported that Eric Balchunas, a Bloomberg ETF analyst, posted on X (formerly Twitter) that the Bitcoin ETF market reached a significant milestone yesterday. Year-to-date (YTD) net inflows reached a new high of $17.7 billion, while capital flow turned positive in the past month. Balchunas emphasizes that maintaining stability during "short-term pullbacks" is crucial, which contributes to achieving new annual net inflow highs faster.
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