Bloomberg Analyst: Bitcoin ETF Experiences Large Capital Inflows, Whether It Can Truly Rebound Remains to Be Seen

CycleProphet · 2026-02-26T12:51:27+00:00

Bloomberg senior ETF analyst Eric Balchunas stated that Bitcoin ETFs attracted approximately $500 million in single-day capital inflows amid bearish sentiment, totaling $750 million over the past two days, which is seen as a market boost. However, whether a true rebound is underway remains uncertain.

CycleProphet

2026-02-26 12:51:27

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Deep Tide TechFlow News, February 26 — Bloomberg senior ETF analyst Eric Balchunas posted on X platform that yesterday, Bitcoin ETFs attracted approximately $500 million in inflows, the largest single-day increase recently. Over the past two days, the total inflow has been 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. However, it is currently unclear whether this signals a true rebound or is just a short-lived “dead cat bounce.”

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