Bloomberg analyst Eric Balchunas has weighed in on the ongoing debate surrounding Bitcoin’s lackluster price performance despite large inflows into Bitcoin ETFs. Balchunas argues that these ETFs are having a positive impact on Bitcoin’s value, even though the price has not soared as many expected.
Bitcoin (BTC) $ 76,441.00
Ethereum (ETH) $ 2,987.92
Tether (USDT) $ 1.00
USDC (USDC) $ 0.999251
Dogecoin (DOGE) $ 0.201715
Cardano (ADA) $ 0.438859
TRON (TRX) $ 0.160307
Chainlink (LINK) $ 13.50
Bitcoin Cash (BCH) $ 375.77
LEO Token (LEO) $ 6.42
Litecoin (LTC) $ 72.64
Dai (DAI) $ 0.999344
Ethereum Classic (ETC) $ 20.40
Monero (XMR) $ 163.55
Stellar (XLM) $ 0.101376
Cronos (CRO) $ 0.106645
Stacks (STX) $ 1.64
OKB (OKB) $ 39.87
Hedera (HBAR) $ 0.051172
Cosmos Hub (ATOM) $ 4.77
VeChain (VET) $ 0.022192
Maker (MKR) $ 1,476.33
KuCoin (KCS) $ 10.49
Theta Network (THETA) $ 1.22
Gate (GT) $ 8.99
Algorand (ALGO) $ 0.130607
Polygon (MATIC) $ 0.384915
NEO (NEO) $ 10.27
EOS (EOS) $ 0.473009
Zcash (ZEC) $ 46.93
Tezos (XTZ) $ 0.665327
Tether Gold (XAUT) $ 2,683.87
Synthetix Network (SNX) $ 1.58
TrueUSD (TUSD) $ 0.997940
IOTA (IOTA) $ 0.120920
Bitcoin Gold (BTG) $ 23.57
Holo (HOT) $ 0.001775
Dash (DASH) $ 23.86
0x Protocol (ZRX) $ 0.335306
Zilliqa (ZIL) $ 0.014676
Siacoin (SC) $ 0.004654
Enjin Coin (ENJ) $ 0.151456
Ravencoin (RVN) $ 0.017876
Qtum (QTUM) $ 2.43
Basic Attention (BAT) $ 0.170619
Decred (DCR) $ 12.87
Ontology (ONT) $ 0.184276
NEM (XEM) $ 0.016491
ICON (ICX) $ 0.135969
Lisk (LSK) $ 0.828214
Nano (XNO) $ 0.867086
Numeraire (NMR) $ 15.70
DigiByte (DGB) $ 0.006354
Pax Dollar (USDP) $ 0.999640
Waves (WAVES) $ 1.08
Status (SNT) $ 0.025468
Huobi (HT) $ 0.549639
Hive (HIVE) $ 0.189092
Steem (STEEM) $ 0.174777
BUSD (BUSD) $ 0.997419
Ren (REN) $ 0.036571
OMG Network (OMG) $ 0.253477
Bitcoin Diamond (BCD) $ 0.064153
Bytom (BTM) $ 0.004155
Kyber Network Crystal Legacy (KNCL) $ 0.466681
HUSD (HUSD) $ 0.026872
