According to Odaily, Bloomberg Senior ETF Analyst Eric Balchunas reported on the X platform that Bitcoin ETFs experienced renewed inflows on Wednesday. This follows a period of very mild outflows over the previous two days, which accounted for only 0.5% of the total assets under management. Despite a 14% drop on Monday and a 21% decline this week, 99.5% of the funds remained stable.
Balchunas noted that IBIT did not see any outflows, although trading volume reached $5 billion, which he described as unusual. He expressed optimism about the resilience of Bitcoin ETF investors across all asset classes, as the initial expectation was for a 2-3% outflow of assets under management.