Bloomberg Bitcoin ETF analyst Eric Balchunas once again praises the Taiwan stock market. Taiwan’s 00940 has raised a staggering NT$175.2 billion (approximately US$5.6 billion), with Bloomberg estimating that it will reach a scale of US$8 billion after 30 trading days. This also suggests that 00940 is likely to surpass the record of US$7.2 billion achieved by BlackRock’s Bitcoin spot ETF after one month of trading, and surpass many well-known ETFs worldwide.
Bloomberg Bitcoin ETF Analyst: 00940 Set to Break Bitcoin Spot ETF Size Record