Analysis: Bitcoin retraced over 40%, with spot ETF capital outflow at only 6.6%

Odaily Planet Daily reports that despite Bitcoin retreating over 40% from its October high, spot Bitcoin ETF funds have shown strong resilience. Eric Balchunas stated that only about 6.6% of ETF assets experienced net outflows during the same period, significantly lower than the typical market reaction to similar declines in the past. He pointed out that ETF investors generally allocate 1%–2% of their portfolios to Bitcoin, which differs from high-leverage or highly concentrated crypto-native traders, making them more inclined to hold long-term. Balchunas believes that the ETF structure may continue to anchor Bitcoin within the traditional financial asset framework, and short-term volatility does not necessarily indicate a trend end. (CoinDesk)