Bloomberg Analyst: Bitcoin ETF Sees $53 Billion Net Inflows in Two Years, Wall Street Impact Remains Positive

ChainCatcher reported that Bloomberg Senior ETF Analyst Eric Balchunas posted on X, pointing out that the cumulative net inflow of bitcoin ETFs (the most important data) peaked at $63 billion in October last year and is currently at $53 billion, which means a net increase of $53 billion in just two years. He stated that his team (more optimistic than most peers) originally predicted only $5–15 billion in inflows in the first year. This data is of significant reference value for understanding the $8 billion ETF outflow after bitcoin dropped 45% and the relationship between bitcoin and Wall Street. Overall, Wall Street's influence remains positive.