PANews reported on November 5th that Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on the X platform: "Even after this pullback, Bitcoin has still risen by 300% since BlackRock applied for a Bitcoin ETF 30 months ago. That's equivalent to an annualized return of nearly 80%. Don't worry."PANews reported on November 5th that Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on the X platform: "Even after this pullback, Bitcoin has still risen by 300% since BlackRock applied for a Bitcoin ETF 30 months ago. That's equivalent to an annualized return of nearly 80%. Don't worry."
Analysts: Even with a pullback in BTC, the annualized return of the BlackRock Bitcoin ETF is still close to 80%.
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PANews reported on November 5th that Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on the X platform: "Even after this pullback, Bitcoin has still risen by 300% since BlackRock applied for a Bitcoin ETF 30 months ago. That's equivalent to an annualized return of nearly 80%. Don't worry."
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