Eric Balchunas, senior ETF analyst at Bloomberg, wrote on the X platform that Bitcoin ETFs have seen inflows exceeding $1 billion this year, successfully reversing previous net outflows and achieving positive growth. The next key indicator to watch is the cumulative historical net inflow (the most important and challenging metric), which previously peaked at $62.8 billion and is currently around $58 billion, about $5 billion away from setting a new all-time high. In the development of asset classes, the key is to control the scale of outflows during market downturns, thereby reducing subsequent recovery pressure; in this respect, spot Bitcoin ETFs have outperformed other popular asset classes.