Baby Boomer funds increased their holdings in Bitcoin ETF by $500 million in a single day
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CoinWorld reported: According to Wu Blockchain's tweet, Bloomberg ETF analyst Eric Balchunas pointed out that bitcoin ETFs saw a net purchase of about $500 million yesterday, but the net inflow since the beginning of the year remains negative. He believes the current market is in a "difficult phase," but compared to three years ago, both the price of bitcoin and the scale of ETFs have achieved tremendous success. He emphasized that the approximately 464% cumulative increase in bitcoin over the past two years is highly unusual, and the market narrative is still catching up with the previous outperformance.
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