Summary
- Eric Balchunas, Bloomberg ETF analyst, said spot Bitcoin ETFs are still showing strength.
- He said $7.8 billion flowed into spot Bitcoin ETFs during the third quarter this year, and $21.5 billion year-to-date.
- U.S. spot Bitcoin ETFs received $518 million the previous day, turning to net inflows.
A claim emerged that spot Bitcoin (BTC) exchange-traded funds (ETFs) are still showing strength.
On the 30th (local time), Eric Balchunas, Bloomberg ETF analyst, said on X (formerly Twitter), "During the third quarter this year, spot Bitcoin ETFs saw $7.8 billion flow in," and "year-to-date (YTD), $21.5 billion has flowed in."
He continued, "Some people complain that they want funds to flow in every day," and "spot Bitcoin ETFs remain resilient."
Meanwhile, U.S. spot Bitcoin ETFs saw $518 million flow in the previous day, turning to net inflows.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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