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New York Mellon Bank ETF Director: Annual Fund Flow of Bitcoin ETF Has Turned Positive

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PANews
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9 hours ago
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PANews April 24 news, according to The Block report, Ben Slavin, the global ETF head of asset services at BNY Mellon, stated that the annual fund flow for Bitcoin ETFs has turned positive. The 12 spot Bitcoin ETFs have accumulated a single-day net inflow of over 335 million dollars, a monthly net inflow of over 2.1 billion dollars, and a net inflow of about 1.8 billion dollars year-to-date and over the past three months. Slavin pointed out that compared to traditional risk assets, cryptocurrency ETF investors did not exhibit panic selling during market declines; ETFs are more commonly used for asset allocation models and buy-and-hold strategies rather than simply tactical trading tools. The current total assets under management for spot Bitcoin ETFs are approximately 125 billion dollars, failing to recover the historical high of 162 billion dollars set in October 2025.

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