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Bloomberg analyst: Does not believe Suitcoiner will threaten Bitcoin's structure

2025-05-02 20:04:38
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ChainCatcher message, message, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that a new term "Suitcoiners" has emerged among Wall Street financial industry practitioners. This term comes from "Real Suits" and is used to describe all ETF, government, and institutional buyers. Some are concerned that if Suitcoiners conspire, it could pose a threat to the structure of Bitcoin in the future, but he does not believe this will happen, as there have been similar unrealized concerns in stock voting. Nevertheless, this is indeed a form of fear.

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