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TechFlow reported on February 26 that according to Bloomberg senior ETF analyst Eric Balchunas, Bitcoin ETFs are facing outflows, with nearly $1 billion withdrawn yesterday and total outflows reaching $1.8 billion this week. Despite this, the amount represents less than 2% of total assets, with over 98% of funds still held.
According to Eric Balchunas, senior ETF analyst at Bloomberg, Bitcoin ETFs are experiencing outflows, with nearly $1 billion withdrawn yesterday and cumulative outflows reaching $1.8 billion this week. Despite this, the amount represents less than 2% of total assets, and considering the market pullback, over 98% of funds have chosen to stay invested.
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