Bitcoin ETFs have attracted $53 billion in two years, far exceeding expectations, with a continued positive impact on Wall Street.

PANews reported on February 20th that Eric Balchunas, a senior ETF analyst at Bloomberg, pointed out in an article published on the X platform that Bitcoin ETFs saw a peak net inflow of $63 billion in October last year, and are currently at $53 billion, meaning a net increase of $53 billion in just two years. He stated that his team (more optimistic than most of their peers) originally predicted inflows of only $5-15 billion in the first year. This data is of significant reference value for understanding the $8 billion ETF outflow after Bitcoin's 45% drop and the relationship between Bitcoin and Wall Street. Currently, the overall influence of Wall Street continues to be positive.