Sep 7, 2026 1:50 PM

Despite the hype around Bitcoin ETFs pulling in $3.82 billion over the last three weeks, the reality is far bleaker: cumulative flows since the start of the year remain approximately $1 billion in the negative. We’re seeing massive weekly inflows and a $100 billion asset milestone, yet the math shows we are still underwater for 2024. If billions in new capital can't even put the year in the green, is the ETF experiment actually failing to drive growth? What’s your take?
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