Bitcoin spot ETF saw a significant rebound in fund inflows on Friday (4th), and has continued to witness fund inflows this week. According to Eric Balchunas, a senior ETF analyst at Bloomberg, 95% of Bitcoin spot ETF investors have not sold their holdings.
The fund inflows for the US-listed Bitcoin spot ETF rebounded significantly on Friday (4th), marking the first net inflow after a continuous seven-day outflow since April 24th. It is also the first time that Grayscale GBTC has seen a net inflow of $63 million after a 78-day outflow.
The Bitcoin spot ETF has continued to see significant fund inflows this week, according to data from heyapollo. It has added approximately 3,400 Bitcoins, equivalent to about $218 million. Among them, FBTC has led other products with an addition of 1,560 BTC, approximately $99 million. Grayscale GBTC has achieved fund inflows for the second consecutive day, adding 61 BTC, about $3.9 million.
Eric Balchunas, a senior ETF analyst at Bloomberg, commented on the recent market situation of Bitcoin spot ETF. He stated on the X platform that ETF investors have shown exceptional resilience, with over 95% choosing to hold their investments, reflecting deep trust in the product and recognition of the strategy. Historical records have shown that investors’ holding positions remained high even during previous market downturns.
Eric Balchunas stated that the natural cycle of the market means that fund inflows and outflows always alternate. However, for Bitcoin spot ETF investors, despite market fluctuations, in the long run, their ETFs still demonstrate net growth and relative stability of holders. Even in adverse conditions, a large number of holders choose to stick to their investments.
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