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) $ 95,702.00
Ethereum (ETH) $ 3,334.50
Tether (USDT) $ 0.999018
Dogecoin (DOGE) $ 0.312936
USDC (USDC) $ 1.00
Cardano (ADA) $ 0.860931
TRON (TRX) $ 0.252632
Chainlink (LINK) $ 22.70
Hedera (HBAR) $ 0.286605
Stellar (XLM) $ 0.354934
Bitcoin Cash (BCH) $ 438.25
LEO Token (LEO) $ 9.12
Litecoin (LTC) $ 102.07
Cronos (CRO) $ 0.149779
Ethereum Classic (ETC) $ 25.80
VeChain (VET) $ 0.046711
Monero (XMR) $ 190.62
Dai (DAI) $ 1.00
OKB (OKB) $ 49.95
Algorand (ALGO) $ 0.347902
Cosmos Hub (ATOM) $ 6.50
Stacks (STX) $ 1.58
Theta Network (THETA) $ 2.15
Gate (GT) $ 15.12
Tezos (XTZ) $ 1.35
Maker (MKR) $ 1,529.31
KuCoin (KCS) $ 11.03
EOS (EOS) $ 0.782420
Zcash (ZEC) $ 68.46
IOTA (IOTA) $ 0.292530
NEO (NEO) $ 13.84
Polygon (MATIC) $ 0.476796
Synthetix Network (SNX) $ 2.02
Tether Gold (XAUT) $ 2,635.60
Dash (DASH) $ 41.01
TrueUSD (TUSD) $ 0.999328
Holo (HOT) $ 0.002333
Zilliqa (ZIL) $ 0.020933
0x Protocol (ZRX) $ 0.463267
Enjin Coin (ENJ) $ 0.218014
Basic Attention (BAT) $ 0.249224
Qtum (QTUM) $ 3.10
Siacoin (SC) $ 0.005403
Ravencoin (RVN) $ 0.020852
Decred (DCR) $ 16.89
NEM (XEM) $ 0.024178
DigiByte (DGB) $ 0.012121
Huobi (HT) $ 1.30
Ontology (ONT) $ 0.229442
Nano (XNO) $ 1.40
Bitcoin Gold (BTG) $ 10.47
ICON (ICX) $ 0.172222
Status (SNT) $ 0.040677
Hive (HIVE) $ 0.329082
Waves (WAVES) $ 1.51
Lisk (LSK) $ 0.908927
Numeraire (NMR) $ 15.10
Steem (STEEM) $ 0.205472
Pax Dollar (USDP) $ 1.00
BUSD (BUSD) $ 0.946564
OMG Network (OMG) $ 0.330611
Ren (REN) $ 0.028815
Bitcoin Diamond (BCD) $ 0.058996
