The Block••1 min read
Bitcoin ETFs could mirror gold’s history of ‘spectacular gains’ and ‘painful drawdowns,’ analyst says
The Arch TakeBullish
Bloomberg ETF analyst Eric Balchunas compared IBIT’s short time above $100 billion with GLD’s precipitous rise in 2011.
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
Crypto industry to contribute $55B to US economy in 2026: NCA study
Cointelegraph•8h ago
As BitMEX exits, analysts warn crypto consolidation is accelerating
Cointelegraph•8h ago
Bitcoin May Have Already Bottomed—If the Fed Helps, Says Grayscale
Decrypt •8h ago
Robinhood CEO Vlad Tenev's X account hacked to promote token amid memecoin frenzy
CoinDesk•9h ago