Why Bitcoin ETFs with ‘zero flows’ don’t mean what you think
Over 2,000 United States ETFs see no inflows on any given day — something thats “very normal,” says ETF analyst James Seyffart.
Bitcoin (BTC) exchange-traded funds (ETFs) having days of zero inflows is completely normal and shouldn’t be misinterpreted as a failure of the products themselves, says Bloomberg ETF analyst James Seyffart.
On most days, the “vast majority” of all United States ETFs post zero inflows — something completely normal for any ETFs in a given sector, Seyffart said in an April 16 X post.
Several market commentators voiced concerns about the low inflows into U.S.-based Bitcoin ETFs. BlackRock’s Bitcoin ETF was the only one to see inflows for two consecutive trading days this week — between April 12 and April 15.
Go to Source
Author: Tom Mitchelhill
