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Bitcoin World 2024-09-09 01:26:07

Bloomberg Analyst Eric Balchunas Calls ‘BTC Spot ETF Failure’ Claim Absurd

Bloomberg’s senior ETF analyst – Eric Balchunas, took to X (formerly Twitter) to dismiss claims that Bitcoin spot ETFs have failed, citing BlackRock’s IBIT ETF as a prime example of success. Balchunas pointed out that BlackRock’s IBIT has garnered more than $2 billion in net inflows within just eight months, countering the narrative that Bitcoin

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