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Bloomberg senior ETF analyst Eric Balchunas said that since the 250th anniversary of US independence, Bitcoin has risen by about 8%, outperforming most assets. The net inflow of Bitcoin spot ETF in the past week was about 750 million US dollars. Eric Balchunas stated that it is currently difficult to fully believe that the current uptrend has formed a stable trend, but it is not surprising that Bitcoin has rebounded after experiencing a pullback, and the subsequent trend remains to be observed.