Bitcoin ETFs’ total net inflows exceed $20 billion for the first time

BlockBeats news, on October 17, Bloomberg ETF analyst Eric Balchunas wrote on the X platform that "the total net inflow of Bitcoin ETFs exceeded US$20 billion for the first time (this is the most important and most difficult indicator to grow in the ETF field), and the net inflow last week was as high as US$1.5 billion.

In comparison, it took about 5 years for gold ETFs to reach the same amount. The total assets of Bitcoin ETFs are now US$65 billion, also a new high."