Quick Take Bitcoin ETFs have garnered significant attention in 2024, amassing over $17 billion in net inflows. Senior Bloomberg ETF analyst Eric Balchunas suggests that without the success of Bitcoin ETFs, the digital assets’s price would hover around $20,000 instead of the current $60,000. He argues that ETF activity has been a key driver in […]
The post Analysts debate ETF influence on Bitcoin suggesting $20k price without $17 billion inflows appeared first on CryptoSlate.
Originally appeared here:
Analysts debate ETF influence on Bitcoin suggesting $20k price without $17 billion inflows