Deep Tide TechFlow News, February 26 — Bloomberg senior ETF analyst Eric Balchunas posted on X platform that yesterday's Bitcoin ETF attracted approximately $500 million in inflows, the largest single-day increase in recent times. Over the past two days, the total inflow has reached about $750 million. Amidst prevailing market pessimism, he described this capital inflow as "like hitting a home run at the bottom of the game," providing a boost to the market. Since the beginning of the year, Bitcoin ETFs have still experienced a net outflow of less than $2 billion, but it is currently unclear whether this marks the start of a genuine rebound or a short-lived "dead cat bounce."
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Deep Tide TechFlow News, February 26 — Bloomberg senior ETF analyst Eric Balchunas posted on X platform that yesterday's Bitcoin ETF attracted approximately $500 million in inflows, the largest single-day increase in recent times. Over the past two days, the total inflow has reached about $750 million. Amidst prevailing market pessimism, he described this capital inflow as "like hitting a home run at the bottom of the game," providing a boost to the market. Since the beginning of the year, Bitcoin ETFs have still experienced a net outflow of less than $2 billion, but it is currently unclear whether this marks the start of a genuine rebound or a short-lived "dead cat bounce."