Hewin🛹
@hewinktafaivio
Despite the pause in U.S. spot bitcoin-ETF flows, net inflows since the instruments' launch are estimated at $16.8 billion, Bloomberg analyst Eric Balchunas said. He addressed TradeFi-investors introduced to crypto recently: 99% of investors stayed afloat. It amazes me how frenzied crypto twitter (not to mention crypto haters) get when there is a tiny outflow. As we've said before, this industry is literally “two steps forward, one step back.” Get used to it.
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