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Bloomberg ETF analyst Eric Balchunas stated that the trading volume of BITA in the two days before listing was approximately $6 million and $7 million, respectively, showing steady performance and ranking in the top 1% of all newly launched ETF products, but it is still clearly far below IBIT. Balchunas said that BITA can almost be regarded as a product "likely to accumulate a decent asset size," but in the current market environment with many hot topics, it may take some time to realize this.