PANews reported on February 26 that Eric Balchunas, senior ETF analyst at Bloomberg, wrote on the X platform that Bitcoin ETFs were under pressure due to the market decline, with nearly $1 billion in outflows yesterday and $1.8 billion this week. On the bright side, outflows were less than 2% of total assets, which is not serious considering the severity of the losses. This trend is like two steps forward and one step back, and you'll get used to it.