Mocked by colleagues at Bloomberg for his Bitcoin ETF obsession, Eric Balchnuas had the last laugh when his prediction came off to the day.
Bloomberg ETF analyst Eric Balchunas, who typically covers the somewhat dull trends of traditional finance, stirred things up in the office when he became a key figure in the Bitcoin ETF approval coverage last year.
Im in a team of 10 people. Some people in the team mock James [Seyffart, fellow ETF analyst] and I. Other times, people who follow me online for ETF stuff get a little tired of it, Balchunas tells Magazine.
But he shrugged off the teasing because he was dead certain that this Bitcoin ETF approval saga is a “once-in-a-decade situation.