{"id":4664,"date":"2024-12-24T09:49:29","date_gmt":"2024-12-24T09:49:29","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4664"},"modified":"2024-12-24T09:49:29","modified_gmt":"2024-12-24T09:49:29","slug":"blackrocks-bitcoin-etf-could-outshine-sp-500-tracking-spy-to-become-top-investment-vehicle-but-it-will-take-a-long-time-says-prominent-analyst","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4664","title":{"rendered":"Blackrock&#8217;s Bitcoin ETF Could Outshine S&amp;P 500-Tracking SPY To Become Top Investment Vehicle But It Will Take A &#8216;Long&#8217; Time, Says Prominent Analyst"},"content":{"rendered":"<div>\n<p>Leading Bloomberg analyst <strong>Eric Balchunas<\/strong> said Monday that <strong>Blackrock\u2019s<\/strong> <strong>iShares Bitcoin Trust ETF<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/IBIT#NASDAQ\">IBIT<\/a>) could surpass <strong>SPDR S&amp;P 500 ETF Trust<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/SPY#NYSE\">SPY<\/a>) to become the world\u2019s top exchange-traded fund, but the process could take a long time.<\/p>\n<p><strong>What Happened:<\/strong>\u00a0Balchunas, who has over a decade of expertise analyzing ETFs, responded to <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) advocate <strong>Fred Krueger\u2019s <\/strong>prediction that the largest Bitcoin-based fund would become the most dominant investment vehicle in five years.<\/p>\n<p>\u201cI mean, it&#8217;s not out\u00a0of the question. And it&#8217;s\u00a0clearly dumb to underestimate BTC\u00a0ETFs but.. will take a\u00a0long time given how linked\u00a0stocks and BTC price is,\u201d Balchunas said.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">I mean it&#8217;s not out of the question. And it&#8217;s clearly dumb to underestimate btc ETFs but.. will take a long time given how &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/24\/12\/42666635\/blackrocks-bitcoin-etf-could-outshine-sp-500-tracking-spy-to-become-top-investment-\" alt=\"Blackrock's\" bitcoin etf could outshine s spy to become top investment vehicle but it will take a time says prominent analyst>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leading Bloomberg analyst Eric Balchunas said Monday that Blackrock\u2019s iShares Bitcoin Trust ETF (NASDAQ:IBIT) could surpass SPDR S&amp;P 500 ETF Trust (NYSE:SPY) to become the world\u2019s top exchange-traded fund, but the process could take a long time. What Happened:\u00a0Balchunas, who has over a decade of expertise analyzing ETFs, responded to Bitcoin (CRYPTO: BTC) advocate Fred [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-4664","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4664"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4664\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}