Crypto World News reports that Bloomberg senior ETF analyst Eric Balchunas posted on X that Bitcoin spot ETFs have seen net inflows of $2.5 billion this month, just one step away from fully offsetting the year’s outflows. Among them, BlackRock’s IBIT has taken the lead in turning net inflows positive for the year and ranks in the top 2% of all ETF inflows from the beginning of the year to now. Despite Bitcoin’s price dropping about 40% over the past six months and facing widespread negative public opinion, ETF funds have shown remarkable resilience. By comparison, when gold fell 40% in the short term ten years ago, about one-third of investors chose to exit, whereas Bitcoin investors’ holding behavior has been significantly more resilient. (Eric Balchunas clarified that this is not disrespectful to gold investors, but Bitcoin’s situation is unusual.)
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