The recent bitcoin price drop led to $1.2 billion in outflows from U.S. spot ETFs over eight consecutive days, which may seem alarming but signals healthy market growth, according to Bloomberg’s Eric Balchunas. This outflow represents just 3% of total assets in the funds, far below a concerning threshold of 15-20%. The ETFs saw strong early inflows but have since slowed, with only $1 billion entering in the last three months. Despite the price sell-offs, Balchunas praised the ETFs for limiting outflows during tough times, helping stabilize bitcoin’s price. Source: Coindesk