Eric Balchunas

Bloomberg Senior ETF Analyst Eric Balchunas marveled at the inflows spot Bitcoin (CRYPTO: BTC) exchange-traded funds experienced in the first two months following their launch, calling them "simply absurd." What Happened: In a series of tweets, Balchunas noted the 10...

Leading brokerage firm Charles Schwab Corporation (NYSE: SCHW) is reportedly on the verge of launching a spot Bitcoin exchange-traded fund (ETF), a move with potentially significant implications for both retail investors and the broader financial landscape. Simplifying Entry, Mitigating Concerns:...

Like the first crypto-carrying moon lander, the first week of Bitcoin (CRYPTO: BTC) exchange-traded funds proved to be a bust. Two funds, BlackRock Inc. (NYSE: BLK) and ProShares, surpassed the $1 billion mark in assets under management, but the much-anticipated Bitcoin price surge remained...

In an intriguing shift within the spot Bitcoin (CRYPTO: BTC) ETF market, the group of ETFs experienced a net outflow of $41.1 million on day three, signaling a cautious stance from investors in certain funds while others gained traction. Grayscale Bitcoin Trust (OTC: GBTC) bore the...

Several spot Bitcoin (CRYPTO: BTC) ETF issuers, such as BlackRock Inc (NASDAQ: BLK), Ark Invest, VanEck and Grayscale, are launching TV commercials advertising their Bitcoin exchange-traded funds, which attracted over $4 billion in trading volume on the first...

The odds for a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) approval by Jan. 15 stand at 88%, according to crypto prediction market Polymarket. What Happened: According to Polymarket data, the much-awaited ETF is 88% likely to be approved by Jan. 15, with a 77% ...

In yet another round of fee cuts, four spot Bitcoin ETF applicants have taken to last-minute fee reductions, possibly gaining the extra edge at this high-level juncture of competition. What Happened: Invesco, Bitwise, Valkyrie and WisdomTree announced a reduction in their fees in the latest amended...

The simmering war for Bitcoin's (CRYPTO: BTC) soul erupts anew, this time over the contentious issue of exchange-traded funds (ETFs). Max Keiser, a prominent Bitcoin maximalist and advisor to El Salvador's President Nayib Bukele, fired the first salvo, casting doubt on the legitimacy...

The cryptocurrency community is holding its breath as the Securities and Exchange Commission processes critical forms submitted by exchanges and issuers, eagerly awaiting a decision that could pave the way for the first U.S. spot Bitcoin exchange-traded fund. And one analyst feels the...

The U.S. Securities and Exchange Commission informed exchanges and issuers that want to list spot Bitcoin (CRYPTO: BTC) ETFs to submit a final version of a key document as soon as Friday, Bloomberg reported, citing sources close to the matter. What Happened: The documents...

As uncertainty swirled around the crypto markets over potential delays to a Spot Bitcoin ETF approval, various industry figures weighed in with positive outlooks. What Happened:  On Wednesday, Matrixport said the SEC was likely to push back a Spot Bitcoin ETF approval until the second quarter...

The crypto markets have been rocking with optimism for the past three months over the likelihood that regulators will approve spot Bitcoin ETFs. While a lot of analysts are positive about the approval, some believe that a non-approval may shake up the industry. What Happened: With the Spot Bitcoin...

Scott Johnsson, a general partner at Van Buren Capital, is hyping up the "official" date range for when regulators will approve Spot Bitcoin Exchange-Traded Funds (ETFs). What Happened: Johnsson, citing a letter from Sherry Haywood of the U.S. Securities and Exchange Commission, expects...

With major financial players amending spot Bitcoin ETF proposals, delays are seen as common in the path for approval.  What Happened: Global ETF provider WisdomTree amended its spot Bitcoin ETF prospectus with an S-1 form which stated WisdomTree Bitcoin Trust ETF would...

XRP (CRYPTO: XRP) holders were left momentarily spellbound as a reported “BlackRock iShares XRP Trust” filing sent the cryptocurrency’s price soaring.  What Happened: This euphoria was short-lived as it turned out that the filing in Delaware, which was responsible for a rapid...