Eric Balchunas, a senior ETF analyst at Bloomberg, commented on the X platform that "PlanB is transferring bitcoin into an ETF". He said: "If this news is true, then as a big V with 2 million fans, PlanB's actions are enough to show how powerful the convenience of ETFs is, and there is no need to worry about being robbed at gunpoint. On the other hand, understand that those who want to control and have the keys themselves, they do want to control the keys themselves."
According to Bloomberg senior analyst James Seyffart, Abu Dhabi sovereign wealth fund Mubadala Investment Company is currently the seventh largest holder of the known BlackRock Bitcoin ETF (IBIT), holding $461.23 million worth of IBIT. This shows that Traditional Financial Institutions Groups are increasingly interested in the cryptocurrency market and are starting to participate in it by investing in Bitcoin ETFs and other means.
On February 9, Bloomberg senior ETF analyst Eric Balchunas wrote on the X platform to evaluate the sharp rise of Jailstool in the past 24 hours. He said: "Meme coin trading is basically a game of musical chairs for adults." (Note: Music Chairs, music chairs, actually refers to a widely known entertainment activity, usually translated as "chair grabbing game", the core of this game is that the participants walk or dance around the chair to the rhythm of the music. When the music suddenly stops, t...
"Trump will launch the Bitcoin Plus ETF," Eric Balchunas, senior ETF analyst at Bloomberg, said in a social media post. "Arguably he will be the first US president to launch an ETF."
According to Bloomberg senior ETF analyst Eric Balchunas, Amplify has filed an application for a bitcoin premium income fund, BITY. The fund will sell call options with a strike price above 10% of the market to generate income.
According to Bloomberg senior ETF analyst Eric Balchunaspilu, spot Bitcoin ETFs have had a strong start to the year, with inflows of $4.20 billion, accounting for 6% of all ETF inflows. Since its launch, net inflows have exceeded $40 billion and asset management (AUM) has reached $121 billion, resulting in a return of 127%. At present, the asset size of the Bitcoin spot ETF has exceeded the ESG ETF ($117 billion) and is comparable to the size of the gold spot ETF.
Bloomberg senior ETF analysts Eric Balchunas and James Seyffart confirmed that the CME is very likely to launch XRP and SOL futures contracts, but only released a trial version of the futures on the beta website and has not yet appeared on the official website. They believe that this event will be officially confirmed by the CME soon, but also expressed doubts about why the beta version can be noticed by the public. Earlier market news said that the CME futures of XRP and SOL will be launched on...
Eric Balchunas, a senior ETF analyst at Bloomberg, posted on the X platform that ex's filing of DOGE ETFs and TRUMP ETFs is an application under the 1940 Act, so (in theory, if not rejected) it may be listed in early April (75 days after filing). It is reported that Eric Balchunas is referring to the 1940 Act, which governs asset and derivative portfolio funds. Applications submitted under the Act also enjoy a simplified 75-day review process. By utilizing this process, DOGE and TRUMP ETFs can b...
On January 21, Bloomberg senior ETF analyst Eric Balchunas wrote that Rex has applied to launch the DOGE ETF and the TRUMP ETF.
Bloomberg senior ETF analyst Eric Balchunas wrote that as a highly volatile asset, Bitcoin's greatest risk comes from the downside movement of the traditional stock market. Although gold also fell, the decline was relatively small. He is not overly concerned about a short-term correction in Bitcoin, considering that Trump may take measures to maintain the stock market's rise, but the market trend remains uncertain.
On January 2nd, Bloomberg senior ETF analyst Eric Balchunas wrote on the X platform that in the top 20 ETF rankings in 2024, VOO closed at $116 billion, 65 billion dollars higher than the old record; IVV closed strongly at $89 billion, BlackRock Bitcoin ETF IBIT ranked third at $37 billion.
Bloomberg senior ETF analyst Eric Balchunas reposted a video of an interview with Securities Exchange Commission commissioner Hester Peirce on the X platform, in which Hester Peirce said: "In the past most Securities Exchange Commission commissioners didn't want things to go smoothly, but now it has shifted to wanting things to go smoothly, which makes things a lot easier. Eric Balchunas said Hester Peirce looked happy and smiled, suggesting that Ethereum ETF pledges could be approved as she sai...
Bloomberg senior ETF analyst Eric Balchunas said in a post on social media that the SEC, led by Gary Gensler, rejected the application for the Solana ETF, and the issuer is expected to resubmit the application after the new SEC chairperson Paul Atkins takes office.
Bloomberg senior ETF analyst Eric Balchunas said in a post on the X platform that the SEC, led by Gary Gensler, rejected the application for the Solana ETF, and the issuer is expected to resubmit the application after the new SEC chairperson Paul Atkins takes office.
Eric Balchunas, senior ETF analyst at Bloomberg, wrote: "Now it's just showing off... BlackRock IBIT has seen $2.50 billion in the past 5 days, the most of any ETF!"