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Bloomberg Analyst: "Baby Boomers" Have Recently Invested About $500 Million in Bitcoin ETFs
Golden Finance reports that Bloomberg ETF senior analyst Eric Balchunas posted on the X platform stating that U.S. “Baby Boomer” investors yesterday quietly put about $500 million into spot Bitcoin ETFs amid a market environment under pressure and frequent macro negative news. To a certain extent, this inflow has helped close the funding gap since the beginning of the year.
However, the data show that so far this year, Bitcoin ETFs’ overall net inflows are still slightly negative, indicating that the market as a whole remains in a wait-and-see stance. This recent round of capital inflows suggests that some traditional capital has long-term allocation interest in Bitcoin ETFs.