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TechFlow news, October 21 — Data released by Bloomberg senior ETF analyst Eric Balchunas shows that European investors have poured a record $105 billion into U.S. spot Bitcoin ETFs this year.
Balchunas noted: "Fund flows from European domestic investors into U.S. ETFs have reached a record $105 billion. This isn't surprising, given the S&P 500 is up 24% while European markets are only up 10%. Asia is also sending money to the U.S. at record levels."
Data released by Bloomberg senior ETF analyst Eric Balchunas shows that European investors have poured a record $105 billion into U.S. spot Bitcoin ETFs this year. Balchunas noted: "Inflows from European local investors into U.S. ETFs have reached a record $105 billion. This isn't surprising— the S&P 500 is up 24%, while European markets are only up 10%. Asia is also sending record funds into the U.S."
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