Analyst: Approximately 10% of the outflow funds from GBTC are flowing into the other nine major ETFs
When discussing the issue of fund flow in GBTC and other nine major ETFs, Bloomberg ETF analyst Eric Balchuna responded to a user's question. The user asked how much of the outflow from GBTC flowed into other ETFs, and Eric said that although actual data cannot be obtained, through analyzing rumors, they believe that only 10% of the outflow from GBTC eventually flows into other nine major ETFs, which is much less than people imagine.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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