BlackRock Digital Assets Head: Only Bitcoin ETF Among Top 20 Global ETFs Posting Losses, 90% of Investors Buy the Dip

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Mars Finance reports that BlackRock’s Digital Asset Chief admitted during a live broadcast that among the top 20 global ETF fund inflows, only BlackRock’s Bitcoin ETF has a negative return, while all other ETFs are in profit. Currently, BlackRock’s Bitcoin ETF has attracted $26 billion in inflows, ranking fourth worldwide. The executive stated that this phenomenon indicates Bitcoin is undergoing intense turnover and long-term accumulation. Additionally, 90% of investors in BlackRock’s Bitcoin ETF are buying more as prices fall, while only 10% of hedge funds are engaging in short-term high-frequency trading through basis trading.

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