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Bloomberg ETF analyst: It is completely normal that the inflow of funds to spot Bitcoin ETFs has been zero in recent days

CointimeCointime2024/04/17 03:31
By:Cointime

Some market commentators have expressed concern over the low inflow of funds into the American Bitcoin ETF. However, Bloomberg ETF analyst James Seyffart stated that the recent lack of inflow into the Bitcoin ETF is completely normal and should not be misconstrued as a failure of the product. In fact, on most days, the "vast majority" of funds flowing into all American ETFs is zero, which is completely normal for any ETF in a specific industry. In order for an ETF to record new inflows or outflows, there must be a significant mismatch between supply and demand to demonstrate that the creation or redemption of new fund shares issued as "creation units" is reasonable.

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