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Bloomberg Analyst: 95% of Bitcoin ETF Investors Did Not Sell During Market Downturn

Bloomberg Analyst: 95% of Bitcoin ETF Investors Did Not Sell During Market Downturn

CointimeCointime2024/05/06 15:07
By:Cointime

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.

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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.

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