$ETH On July 17, Bloomberg ETF analyst Eric Balchunas said that Bitcoin ETFs are very likely to replay gold’s volatility track—experiencing an “astonishing surge” and a “painful pullback,” thereby testing investors’ patience.



Balchunas noted that both gold and Bitcoin are non-yielding stores of value and do not generate cash flow. The demand they face, driven by market sentiment, can lead to “price explosions” as well as long-term stagnation. Therefore, Bitcoin ETFs may follow the same script: astonishing gains, painful drawdowns, and a possible recovery that tests investors’ patience.
ETH-1.89%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned