ChainCatcher message: Bloomberg senior ETF analyst Eric Balchunas posted on X platform that the net inflow of Bitcoin ETFs (the most important data) peaked at $63 billion in October last year and is now at $53 billion, meaning a net increase of only $5.3 billion in two years. He stated that his team (more optimistic than most peers) originally forecasted only $5–15 billion in inflows in the first year. This data is valuable for understanding the $8 billion ETF outflow following Bitcoin’s 45% decline and the relationship between Bitcoin and Wall Street. Overall, Wall Street’s influence remains positively ongoing.
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