Analysts: Even with a pullback in BTC, the annualized return of the BlackRock Bitcoin ETF is still close to 80%.

Eric Balchunas, a senior ETF analyst at Bloomberg, wrote on the X platform: "Even after this pullback, Bitcoin is still up 300% since BlackRock applied for a Bitcoin ETF 30 months ago. That's equivalent to an annualized return of nearly 80%. Don't worry."