Bitcoin ETFs Surpass $16 Billion in Net Inflows in Six Months, Beating Yearly Estimate

Bloomberg ETF experts have estimated between $12-15 billion in net inflows for Bitcoin ETFs in the first year. Remarkably, just six months after their launch, the inflows have already surpassed $16 billion.

According to Eric Balchunas, the year-to-date net total, which is considered the most important statistic, has crossed $16 billion for the first time. This milestone was achieved despite a 'two steps forward, one step back' situation in June, with recent inflows of $300 million in a single day and $1 billion over the past week.

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