Bitcoin spot ETF saw a significant rebound in fund inflows last Friday (4), and continued to witness inflows this week. According to Eric Balchunas, a senior ETF analyst at Bloomberg, 95% of Bitcoin spot ETF investors did not sell.
The fund inflows of the US-listed Bitcoin spot ETF rebounded significantly last Friday (4), marking the first net inflows after seven consecutive days of outflows since April 24. This also marked the first net inflow of $63 million for Grayscale GBTC after 78 days of outflows.
Bitcoin spot ETF continued to witness net inflows this week. According to heyapollo data, it received approximately 3,400 Bitcoins, equivalent to about $218 million. Among them, FBTC led other products with an addition of 1,560 BTC, equivalent to $99 million. Grayscale GBTC achieved net inflows for the second consecutive day, adding 61 BTC, about $3.9 million.
Eric Balchunas, a Bloomberg senior ETF analyst, commented on the recent Bitcoin spot ETF market situation on the X platform. He stated that ETF investors have shown exceptional resilience, with over 95% choosing to continue holding their investments, reflecting deep trust in the product and recognition of the strategy. Historical records indicate that investors have maintained high holdings even during previous market downturns.
Eric Balchunas stated that the market’s natural cycle means that fund inflows and outflows always alternate. However, for Bitcoin spot ETF investors, despite market volatility, their ETFs still show net growth and relative stability of holders in the long run. Even under adverse conditions, there are many holders who choose to stick to their investments.
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