Attention crypto enthusiasts! 🚀

🔸 Bitcoin ETFs in the US need more time to be an “adoption tool” rather than a “tourism tool,” according to Jim Bianco, CEO of Bianco Research.

🔸 Since January, Bitcoin ETFs have seen net outflows of over $1 billion, with assets under management falling from $61 billion to $48 billion.

🔸 Bianco suggests that the upcoming Bitcoin halving in 2028 and advances in onchain tools will be crucial for the market.

🔸 Other analysts such as Eric Balchunas and Bryan Ross are more optimistic, highlighting that ETFs still have billions in assets and institutional potential.

What do you think? Leave us your comment!