Analyst: The rise of SLV is "exaggerated," while Bitcoin ETFs are more valuable in attracting capital during adverse conditions

Bloomberg senior ETF analyst Eric Balchunas analyzed that the recent return performance of the silver ETF SLV is "quite exaggerated," but the net inflow of funds in the past six months is only about $1 billion, which does not match its price increase. In contrast, the Bitcoin spot ETF IBIT has still accumulated over $6 billion in fund inflows despite a price pullback of about 24%.

Balchunas believes this is a "very good signal" for Bitcoin's long-term prospects. He pointed out that when the market environment is favorable, any ETF can attract funds, but the truly "strong" star ETFs are those that can continue to attract capital during prolonged downturns and increased volatility.