• 34ºc, Sunny

Total net flow of Bitcoin ETFs exceeds $20 billion for the first time

According to Bloomberg ETF analyst Eric Balchunas, the total net flow of bitcoin ETFs exceeded $20 billion for the first time (the most important number in the ETF space and the hardest metric to grow), after a week in which net flow of gold ETFs reached $1.50 billion. In comparison, gold ETFs took about 5 years to reach the same number.