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Your Crypto News Today > Market > “Baby boomers rescued bitcoin”: Eric Balchunas
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“Baby boomers rescued bitcoin”: Eric Balchunas

March 3, 2026 3 Min Read
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"Baby boomers rescued bitcoin": Eric Balchunas
  • $1.5 billion has entered bitcoin ETFs since February 24.

  • In consequence, bitcoin remained sturdy regardless of an antagonistic macroeconomic context.

The analyst senior Bloomberg ETF CEO Eric Balchunas used a joking and sarcastic tone to spotlight the energy of bitcoin (BTC) within the face of world instability. “The child boomers They’re coming again to the rescue,” he mentioned after observing large inflows into spot bitcoin exchange-traded funds (ETFs) listed in america.

Between February 24 and March 2, 2026, These monetary autos gathered $1.5 billion in internet earningswhich allowed the worth of bitcoin to stay secure, largely in a variety of 66,000 to 68,000 {dollars}.

This regardless of the outbreak of warfare between america and Israel towards Iran on February 28. Occasions of this sort normally generate sturdy volatility in belongings thought-about “dangerous”, as CriptoNoticias has defined.

Balchunas highlighted that “nearly all ten spot ETFs are in movement, which implies breadth and depth,” including that he’s even “impressed” by the capital absorption capability of those merchandise within the face of exterior gross sales pressures.

This circulation of capital comes after a 50% drop within the value of bitcoin from its all-time excessive reached in October 2025.

The remark of “child boomers to the rescue” highlights how older technology traders (presumably those that make investments essentially the most via regulated and accessible autos akin to ETFs), are appearing as a counterweight to geopolitical uncertainty. «Child Boomer» is a time period that refers to individuals born between 1946 and 1964.

By demanding shares of those funds, ETF managers (together with monetary giants akin to BlackRock, Grayscale and Constancy, amongst others) should purchase bitcoin to again the funds, driving the worth of the underlying asset because of the dynamics of provide and demand.

Balchunas highlights that ETFs have performed an essential function in taking bitcoin to the all-time highs reached in 2025. Moreover, in keeping with him, ETFs have been accountable for protecting bitcoin away from “the break of $15,000” (referring to the autumn suffered in 2022) and for having eliminated “all of the stench of Sam Bankman-Fried” (referring to the founding father of the bankrupt FTX change). Subsequently, in keeping with his idea, the child boomers They’ve bailed out bitcoin a number of occasions.

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