TechFlow News: On January 24, Eric Balchunas, Senior ETF Analyst at Bloomberg, posted on X stating that the recent return performance of the silver exchange-traded fund (ETF) SLV has been “absurdly exaggerated,” yet its inflows remain modest—only about $1 billion over the past six months. Investors should pay attention to the associated risks. In contrast, BlackRock’s spot Bitcoin ETF IBIT, despite a price correction of approximately 24%, has still recorded over $6 billion in net inflows—a “very positive” signal for Bitcoin’s long-term outlook. While any ordinary ETF can attract capital during favorable market conditions, an ETF that continues to draw sustained inflows amid prolonged challenging market conditions is truly “hardcore.”
Earlier reports indicated that silver surged above $100 per ounce this morning, setting a new all-time high. In the first month of the year alone, silver rose by more than $28, representing a cumulative gain of nearly 40%. Since late November last year, spot silver prices have nearly doubled, with its rally accelerating markedly over the past two months.
