Eric Balchunas

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...

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...