Bloomberg analyst: Bitcoin ETF outflows nearly $1 billion yesterday due to market downturn

Bloomberg senior ETF analyst Eric Balchunas wrote on X platform that Bitcoin ETFs may be under pressure due to market downturns. Yesterday, the outflow of funds was nearly $1 billion, and this week the outflow reached $1.8 billion. On the positive side, the outflow is less than 2% of the total assets. Considering the severity of losses, the outflow of funds is not serious. This trend is like taking two steps forward and one step back, and getting used to it is good.