Eric Balchunas, a renowned Bloomberg Exchange Traded Fund (ETF) Analyst recently took to the X platform to address a potentially misleading post about Bitcoin ETF.
The Misleading Bitcoin ETF Post
The post in question came from crypto investor Mike Alfred. The post reads;
“BREAKING: Several inside SEC sources are now confirming that the agency will attempt to create a level playing field for spot Bitcoin ETF applicants by ‘strategically leaking’ the planned approval date before Thanksgiving so that no one in the market can get a clear edge.”
While this news might excite many crypto enthusiasts, Balchunas cautioned against taking it at face value. In his post, he pointed out that the term “BREAKING” in Alfred’s post creates the impression of a significant development.
Balchunas also emphasized that the information had not been independently confirmed by Bloomberg or other reputable sources. He raised concerns about the lack of transparency regarding the inside sources
We współpracy z: https://coingape.com/bloomberg-analyst-warns-against-misleading-bitcoin-etf-posts/
