Bernstein Anticipating Increased Inflows of Bitcoin ETF in Q3Q4

According to a report released by Bernstein analysts, institutions only account for 22% of the participation in spot Bitcoin ETFs, while the increase in liquidity of CME Bitcoin futures contracts after the launch of ETFs is evidence of basic trading. What the shorts are ignoring is that Bitcoin ETFs are expected to be approved on major securities firms and large private banking platforms in the third or fourth quarter of this year. Despite the continuous net outflows of US spot Bitcoin ETFs for four consecutive days, totaling $714.4 million, with an additional outflow of $154.4 million on Tuesday, Bernstein analysts expect net inflows to accelerate again. The analysts wrote: “We expect the inflow of Bitcoin ETFs to accelerate again in the third/fourth quarter, as the current volatile market is providing new entry points, and institutional demand will see the next round of growth.”