Total Net Flows in Bitcoin ETFs Exceed $20 Billion for the First Time Ever

According to Bloomberg ETF analyst Eric Balchunas in a post on the X platform, total net flows in Bitcoin ETFs exceeded $20 billion for the first time (the most important number in the ETF space and the hardest metric to grow), after reaching $1.5 billion in gold ETFs the week before. By comparison, it took gold ETFs about five years to reach the same number.