TechFlow news, July 20 — Bloomberg ETF analyst Eric Balchunas posted on social media stating that year-to-date net inflows into U.S. spot Bitcoin ETFs have surpassed $17 billion for the first time. Balchunas emphasized this figure is particularly significant because it represents net flows after GBTC unlock and is independent of Bitcoin's price appreciation. He noted this number is largely immune to market hype and can only grow through genuine net demand and market adoption. Although this metric could potentially decline, it remains on an upward trajectory for now.
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