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significant ETF inflowsCoinGape
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71% Informative
Bloomberg analyst Eric Balchunas has weighed in on Bitcoin ’s lackluster price performance despite large inflows into Bitcoin ETFs.
He argues that these ETFs are having a positive impact on Bitcoin 's value, even though the price has not soared as many expected.
Bloomberg analyst Jim Bianco raised concerns about Bitcoin 's price stagnation despite record inflows.
Bianco attributed some of Bitcoin 's limited price growth to the fact that much of the money flowing into ETFs may not be new capital.
He warned that this trend could have longer-term consequences as money shifts from decentralized exchanges and wallets into traditional finance structures.
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