Eric Balchunas

Cathie Wood's Ark Investment Management has filed plans to launch four new exchange-traded funds designed to offer downside protection for investors in its flagship ARK Innovation ETF (BATS:ARKK), while placing a cap on potential gains. Check out the current price of ARKK stock here. What...

The iShares Bitcoin Trust ETF (NASDAQ:IBIT) by BlackRock Inc. (NYSE:BLK), which debuted earlier this year, has become the most successful exchange-traded fund launch in history, a report said Monday. What Happened: The investment vehicle, which tracks the spot price of the world...

Leading Bloomberg analyst Eric Balchunas said Monday that Blackrock’s iShares Bitcoin Trust ETF (NASDAQ:IBIT) could surpass SPDR S&P 500 ETF Trust (NYSE:SPY) to become the world’s top exchange-traded fund, but the process could take a long time. What Happened: Balchunas, who...

Matt Hougan, Chief Investment Officer at Bitwise Asset Management, refuted an analyst’s claim that investment advisors were not buying Bitcoin (CRYPTO: BTC) spot exchange-traded funds in great numbers. What Happened: In a post on X Monday, Matt Hougan challenged the views of macro...

The prospects for a Solana (CRYPTO: SOL) based exchange-traded fund (ETF) gaining approval in 2024 appear increasingly slim, according to Eric Balchunas, Senior ETF Analyst for Bloomberg. What Happened: Balchunas suggests that without significant changes in regulatory leadership, the chances of...

Bitcoin‘s (CRYPTO: BTC) price could be hovering around $20,000 without the support of exchange-traded funds (ETFs), according to Eric Balchunas, Senior ETF Analyst at Bloomberg. What Happened: In a conversation with Coindesk on Thursday, Balchunas outlined why ETFs have played a critical role...

Renowned economist Peter Schiff has sparked a debate over the value and purpose of owning Bitcoin (CRYPTO: BTC) in ETFs, arguing that the method contradicts some of its core values. What Happened: On Tuesday, Schiff wrote on X that having exposure to the world’s largest cryptocurrency through...

Nine spot Ethereum ETFs started trading on U.S. exchanges Tuesday, marking another milestone in the digital assets market. These ETFs, now available on Cboe, NYSE Arca, and Nasdaq, were introduced by major financial firms, including BlackRock, Fidelity, and Grayscale. The new Ethereum ETFs saw...

As the cryptocurrency market matures, regulatory actions and legal frameworks remain pivotal. The U.S. Securities and Exchange Commission (SEC), under Chair Gary Gensler, has been proactively shaping the landscape, greatly influencing market dynamics. These developments will be central to...

According to Bloomberg ETF analyst Eric Balchunas, the highly anticipated spot Ethereum (CRYPTO: ETH) ETF might launch as early as July 2. This prediction follows reported comments from the Securities and Exchange Commission (SEC) staff on the issuers’ S-1 filings. The SEC requested revisions...

Bloomberg analyst Eric Balchunas expects a potential launch date of July 2 for the spot Ether exchange-traded fund (ETF). The forecast follows updates from the Securities and Exchange Commission (SEC). This prediction comes after the SEC staff provided feedback to issuers, asking for adjustments...

Bloomberg ETF analyst Eric Balchunas moved up the launch date for the highly anticipated spot Ether ETF to July 2. What Happened: This adjustment comes after the SEC staff sent light comments on the S-1 filings to issuers, asking for revisions within a week. “Decent chance they work to...

The total net inflow into Bitcoin (CRYPTO: BTC) spot Exchange-Traded Funds (ETFs) reached $683 million on March 13, posting another strong performance after breaking records the day prior. What Happened: Notably, the Grayscale Bitcoin Trust (OTC: GBTC), one of the most prominent Bitcoin ETFs,...

Bloomberg ETF analyst Eric Balchunas lowered the probability of an Ethereum (CRYPTO: ETH) ETF getting the green light by the upcoming May deadline. What Happened: Balchunas said, “Yeah our odds of ETH ETF approval by May deadline are down to 35%. I get all the reasons they SHOULD approve it (...

The future of a long-awaited Ethereum (CRYPTO: ETH) exchange-traded fund (ETF) hangs in the balance as prominent analysts dramatically lowered their odds of approval by the Securities and Exchange Commission (SEC) before a critical May deadline. Bloomberg ETF analysts Eric Balchunas and James...