Bloomberg analyst: U.S. Bitcoin spot ETF net total inflows are unexpectedly strong
On August 12, Bloomberg ETF analyst Eric Balchunas posted on social media that "after the dust settled on Bitcoin's decline in the past two weeks (although the price has rebounded), the year-to-date (Bitcoin spot ETF) net total inflows reached $19 billion, a record high, which is still unexpectedly strong after taking all factors into consideration. (I think this number is the most important measure of success because it includes net price changes and GBTC unlocking)."