According to Golden Finance, Bloomberg Senior ETF Analyst Eric Balchunas posted on the X platform that BTCETF is in a "one step back and two steps forward" mode, "one step back" in June, but now it is starting to "take two steps forward", with inflows increasing by about $300 million yesterday and a total of $1 billion this week. Year-to-date net inflows totaled more than $16 billion for the first time, after previously estimating a total of $12 billion to $15 billion for SpotBTC in the first 12 months, and now appears to have achieved this goal six months ahead of schedule.
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Bloomberg ETF analyst: BTC ETF in "two steps forward, one step back" mode
According to Golden Finance, Bloomberg Senior ETF Analyst Eric Balchunas posted on the X platform that BTCETF is in a "one step back and two steps forward" mode, "one step back" in June, but now it is starting to "take two steps forward", with inflows increasing by about $300 million yesterday and a total of $1 billion this week. Year-to-date net inflows totaled more than $16 billion for the first time, after previously estimating a total of $12 billion to $15 billion for SpotBTC in the first 12 months, and now appears to have achieved this goal six months ahead of schedule.