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Bloomberg analyst: Even with a pullback in BTC prices, BlackRock's IBIT annualized return remains close to 80%.
2025-11-05 12:10

According to Odaily Planet Daily, Eric Balchunas, a senior ETF analyst at Bloomberg, stated on the X platform that even with some price pullbacks, Bitcoin's price has still increased by 300% since BlackRock submitted its Bitcoin ETF application 30 months ago, equivalent to an annualized return of nearly 80%, so the market need not worry.

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