Bloomberg Analyst: Bitcoin ETFs Account for 90% of Global Crypto Fund Assets and Will Maintain a High Share Long-term
According to Foresight News, Bloomberg ETF analyst Eric Balchunas stated that Bitcoin ETFs account for 90% of global cryptocurrency fund assets. Although there may be a large number of altcoin/meme ETFs launching this year, their contribution will be limited, and Bitcoin's long-term share is expected to remain at least 80-85%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Since 2025, publicly traded companies have acquired approximately 157,957 Bitcoins
A whale bought 23.37 million AVA worth $1.71 million in the past 20 days
Strong U.S. Employment Reduces Market Bets on Fed Rate Cuts
"Fed's Mouthpiece": Nonfarm Payroll Data Reduces the Likelihood of a June Rate Cut
Trending news
MoreCrypto prices
More
