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Bitcoin ETF net flows hold at $55 billion despite 50% drawdown

  • Bitcoin ETF cumulative net flows remain at $55 billion despite a 50% price drawdown.
  • $63 billion was the peak before cumulative flows declined slightly.
  • Flows exclude price changes to reflect underlying investor demand, according to Eric Balchunas.

Cumulative net flows into Bitcoin ETFs stand at $55 billion despite a 50% price drawdown, according to Eric Balchunas. Flows have declined modestly from their $63 billion peak. Because the measure excludes price changes, it is intended to reflect investor demand rather than gains or losses caused by Bitcoin’s market price.

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