Bloomberg analyst: IBIT earns over $6 billion, releasing long-term positive signal for BTC

Bloomberg senior ETF analyst Eric Balchunas wrote on X platform that the recent return performance of the Silver ETF SLV has been "exaggerated to outrageous", but the inflow of funds in the past six months has only been about $1 billion, and investors need to pay attention to risks. In contrast, the BlackRock Bitcoin spot ETF IBIT recorded a net inflow of over $6 billion despite a price pullback of about 24%, indicating that ETFs that continue to attract funds during long-term difficult periods have more "hardcore" characteristics, sending a positive signal to Bitcoin's long-term prospects.