Odaily Planet Daily report: Bloomberg ETF analyst Eric Balchunas posted on X that net flows into Bitcoin ETFs have turned positive year-to-date. Over the past month, $4.6 billion has flowed into Bitcoin ETFs since Bessent indicated plans to increase bond purchases.
Bitcoin ETF Sees $4.6 Billion in Inflows Over the Past Month
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Summary
According to Bloomberg ETF analyst Eric Balchunas, Bitcoin ETFs have seen $4.6 billion in inflows over the past month. Year-to-date, net inflows into Bitcoin ETFs have turned positive. The surge followed Bessent’s announcement of increased bond purchases, highlighting growing institutional interest in crypto assets.
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