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TechFlow, Nov 5 — Bloomberg senior ETF analyst Eric Balchunas posted on social media that despite Bitcoin's recent pullback, the cryptocurrency has risen 300% since BlackRock applied for a Bitcoin ETF 30 months ago, delivering an annualized return of nearly 80%. The analyst advised investors to remain calm.
Bloomberg senior ETF analyst Eric Balchunas said on social media that despite Bitcoin's recent pullback, Bitcoin has risen 300% since BlackRock applied for a Bitcoin ETF 30 months ago, with an annualized return close to 80%. The analyst said investors should remain calm.
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