Svmuu News: Eric Balchunas, Senior ETF Analyst at Bloomberg, posted on X that Bitcoin ETF flows have turned positive across the board, stating “all rolling periods we track are now positive,” a first in several months. Among them, BlackRock’s IBIT has seen cumulative inflows of approximately $3 billion, placing it in the top 1% of all ETF flow performance.
However, Eric Balchunas noted that returning to the all-time high cumulative net flows of $62.8 billion would still require tens of billions of dollars in additional inflows. Nonetheless, this at least indicates a clear rebound in sentiment towards Bitcoin ETFs and a recovery in market demand.