Search results for Eric Balchunas
Crypto
BlackRock\'s IBIT outpaces Vanguard\'s S&P 500 ETF in cumulative return
BlackRock\'s spot bitcoin exchange-traded fund iShares Bitcoin Trust (IBIT) has surpassed Vanguard\'s flagship S&P 500 ETF in cumulative returns since its launch in January 2024. Bloomberg senior ETF analyst Eric Balchunas said IBIT slightly outperformed over the comparison period. Bloomberg data show IBIT is up 71% since inception, while Vanguard\'s S&P 500 ETF gained 66% in total return. IBIT\'s assets stand at $61.4 billion, versus about $11.0 billion for Fidelity\'s fund.
Crypto
Bernstein sees bitcoin at $300,000 by 2029 on weak dollar, ETF tailwinds
Global investment bank Bernstein kept its forecast that bitcoin could reach $300,000 by 2029, citing concerns over a weaker dollar. It said a “debasement trade” could push investors toward scarce assets such as gold and cryptocurrencies as long-term disinflation ends and U.S. debt hits $40 trillion. Bernstein also pointed to larger U.S. Treasury bond buybacks, stronger ETF activity and geopolitical developments supporting bitcoin’s narrative.
Crypto
Bitcoin surge draws ETF inflows; weekly inflow hits $1.92 billion
Bitcoin spot exchange-traded funds saw a net inflow of $1.92 billion last week, the strongest weekly inflow since October 2025. Bitcoin rose more than 20 percent on the week, briefly topping $79,000. Ethereum spot ETFs also drew about $700 million, an analyst said. Year-to-date flows for bitcoin spot ETFs remain negative, while BlackRock’s iShares Bitcoin Trust ETF led the latest rebound in inflows.
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Crypto
Goldman Sachs to buy ETF manager Neos for up to $2.25 billion
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Crypto
Bitcoin ETF inflows jump after Coldcard hack, link unclear
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Crypto
BlackRock to implement 1-for-3 reverse split for Ethereum ETF ETHA to cut trading costs
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Crypto
Coldcard hack drives $382 million inflows to spot bitcoin ETFs over two days
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Crypto
Bitcoin stalls near $64,000 as U.S. stocks, gold rise; what may drive a rebound
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Crypto
Coldcard outflow shakes bitcoin self-custody model as Bloomberg raises ETF alternative
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Crypto
Bitcoin spot ETFs have far to go despite rebound; June outflows hit record
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Crypto
Possibility raised of Fed buying equity ETFs; could it lift cryptocurrencies?
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Crypto
Morgan Stanley joins ETF fee war with 0.14 percent on ethereum and solana
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Crypto
Strategy\'s ability to buy more bitcoin in doubt as STRC weakens
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Crypto
BlackRock\'s BITA draws mixed reviews: high yield but limited upside
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Crypto
Elon Musk becomes first trillionaire as net worth surpasses altcoin market cap
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Crypto
BlackRock\'s BITA listing seen ahead as fee set at 0.65 percent, rivalry with Goldman Sachs bitcoin spot ETF emerges
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Crypto
NYDIG says BlackRock\'s IBIT $1.26 billion block trade shows signs of urgent liquidation by whale investor
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Crypto
Bitcoin changes after BlackRock\'s IBIT, analyst says volatility falls and outperforms S&P 500