Bloomberg analyst Eric Balchunas has weighed in on the ongoing debate surrounding Bitcoin’s lackluster price performance despite large inflows into Bitcoin ETFs. Balchunas argues that these ETFs are having a positive impact on Bitcoin’s value, even though the price has not soared as many expected. Jim Bianco Raises Concerns Over Bitcoin’s Price Stability In a The post Bloomberg Analyst Defends Bitcoin ETFs Impact On BTC Price appeared first on CoinGape .