PANews reported on March 24th that, according to Bloomberg analyst Eric Balchunas, Bitcoin spot ETFs have seen net inflows of approximately $2.5 billion this month, nearly offsetting the year-to-date outflows. BlackRock's IBIT has completely reversed its year-to-date net outflows and is now among the top 2% of all ETFs in terms of year-to-date inflows. Balchunas pointed out that despite Bitcoin's price correction of approximately 40% over the past six months and the presence of concentrated negative media coverage, these ETFs have demonstrated strong resilience. In contrast, gold experienced a similar decline about 10 years ago, during which approximately one-third of its holders redeemed their shares.