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Bloomberg ETF Analyst: US Bitcoin ETF Funding Flows Have Basically Stalled

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2024-07-03 12:07:24
Bloomberg ETF analyst James Seyffart said in a social media post that the flow of funds in the US Bitcoin ETF has basically stagnated, with net inflows reaching $14.70 billion since its launch. However, the trading volume of the group's ETF has been on a downward trend since mid-May and failed to break through $3 billion.