Bitcoin ETFs May Mirror Gold's 22-Year Boom-Bust Cycle, Eric Balchunas Says
2026-07-19 12:07:27
Bloomberg Intelligence ETF analyst Eric Balchunas said bitcoin ETFs may follow gold ETFs' 22-year boom-bust history as gold's market value nears $28 trillion. According to NS3.AI, BlackRock's IBIT has sold almost 100,000 bitcoin in recent months and now holds just over 733,000 bitcoin.
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