Bloomberg ETF Analyst: Bitcoin ETF Short-Term Outflows Are Normal, Don't Expect Daily Gains

BlockBeats News, November 4th, Bloomberg ETF analyst Eric Balchunas posted a message stating that the growth of a Bitcoin ETF will experience a "two steps forward, one step back" process, and is currently in a retracement phase. This pattern can be seen in IBIT's fund flows. "To me, this is part of the development process. Only a child expects daily gains/net inflows."