Bloomberg Analyst: 95% of Bitcoin ETF Investors Did Not Sell During Market Downturn
According to Bloomberg ETF senior analyst Eric Balchunas, data revealed on X platform shows that with the influx of funds from Grayscale, Bitcoin ETFs are in a state of total inflow for the first time. In addition, Eric Balchunas also emphasized that during a significant and prolonged downturn in the cryptocurrency market, over 95% of ETF investors continue to hold their assets and have not sold.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto’s Biggest U.S. Regulatory Shift Is Taking Shape: 5 Coins Investors Could Risk on Before September’s CLARITY Act Vote
Arbitrum: How $1.6B in bridge flows could extend ARB’s 28% rally
AI infrastructure may "burn" up to $5.5 trillion; JPMorgan: Bond market can absorb bond issuance surge, tech giants can still increase leverage
As technology giants launch waves of bond issuance to build AI data centers, the market has begun to worry whether the US investment-grade bond market can absorb the continuously increasing supply of debt.
Zcash May Have a Bigger Role to Play as AI Threatens Financial Privacy: Grayscale
Crypto prices
More
