May inflows of capital into American Bitcoin ETFs have already fully compensated for the outflows of April. This data is provided by#Bloombergsenior ETF analyst Eric Balchunas:
“Bitcoin ETFs have performed well over the past two weeks, attracting $1.3 billion, which offsets all of the outflows in April, returning them to a high of +$12.3 billion in net inflows since launch. This is an important number in my opinion because it takes into account both inflows and outflows of funds (which is the norm).
The last two months have shown why it's best not to get emotional about the flows that come and go, it's part of ETF life, but:
a) I think that in the long run they will be positive
b) the volume of flows on both sides is small compared to the assets under management, maybe (1-2%), so it's never "IT'S OVER" or "IT'S ALL BACK" if you think about it.”
