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Analysis: Bitcoin retraced over 40%, while spot ETF outflows accounted for only 6.6%

Analysis: Bitcoin retraced over 40%, while spot ETF outflows accounted for only 6.6%

Odaily星球日报Odaily星球日报2026/02/06 01:03
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According to Odaily, despite bitcoin having fallen more than 40% from its October high, spot bitcoin ETF funds have demonstrated strong resilience. Eric Balchunas noted that during the same period, only about 6.6% of ETF assets experienced net outflows, which is significantly lower than the crypto market’s typical response to similar declines. He pointed out that ETF investors generally allocate 1%–2% of their portfolios to bitcoin, which differs from the highly leveraged or highly concentrated structure of native crypto traders, making them more inclined to hold for the long term. Balchunas believes that the ETF structure may continue to anchor bitcoin within the traditional financial asset framework, and that short-term volatility does not equate to the end of the trend. (CoinDesk)

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