Analysis: More than 95% of Bitcoin ETF investors did not sell during the market decline

2024-05-06 22:57

BlockBeats news, on May 6, Bloomberg ETF senior analyst Eric Balchunas disclosed data showing that with the inflow of funds into Grayscale, Bitcoin ETFs were all in a state of inflow for the first time.


In addition, Eric Balchunas also emphasized that during the severe and sustained downturn in the crypto market, more than 95% of ETF investors still held assets and did not sell.


"Will it be like this next time? Historical records show that this situation may happen again, and the proportion may be high. As we said, outflows will occur and inflows will occur, but in the long run, two things tend to be true for ETFs: net growth and relatively strong holders."

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