Bloomberg Analyst: Bitcoin ETF Net Inflows Hit New High of $17.7 Billion This Year

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September 20, 2024
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Bloomberg ETF analyst Eric Balchunas posted on X that the Bitcoin ETF market reached a significant milestone yesterday. Year-to-date (YTD) net inflows hit a new high of $17.7 billion, with positive fund flows observed over the last month. Balchunas emphasized that remaining stable during a "short-term pullback" is crucial, as it contributes to faster creation of new annual net inflow highs.

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