Bloomberg analysts: Short-term outflows from Bitcoin ETFs are normal; price fluctuations are part of the development process.

Bloomberg ETF analyst Eric Balchunas wrote in an article on X that Bitcoin ETF fund growth will follow a "two steps forward, one step back" pattern, and the market is currently in a correction phase. He pointed out that this pattern can be seen in IBIT's fund flows and emphasized that short-term volatility is normal. "In my opinion, this is just part of the growth process; only a child would expect it to go up every day," Balchunas added.