[Bloomberg Analyst: Market Underestimates the Strong Bull Run of the Past Two Years, 'Baby Boomer Generation' Still Buying Bitcoin ETFs] Odaily Planet Daily News – Bloomberg Senior ETF Analyst Eric Balchunas posted on the X platform, stating that 'Baby Boomer' investors purchased approximately $500 million worth of Bitcoin ETFs yesterday. However, he pointed out that Bitcoin ETF net inflows for the year remain slightly negative and described the current phase as a 'bad time.' Eric Balchunas also emphasized that if we were to go back three years and inform the market that Bitcoin's price could reach approximately $78,000 and ETF assets could scale to the $100 billion level, people would consider this a huge success (as it implies a 240% return rate and a 50% annualized yield). Therefore, the market is still underestimating the 464% growth in 2023 and 2024, with the narrative still catching up to reality.