PANews reported on May 2 that Bloomberg's senior ETF analyst Eric Balchunas posted on the X platform stating that a new term "Suitcoiners" has emerged among Wall Street financial industry professionals. This term is derived from "Real Suits" and is used to describe all ETF, government, and institutional buyers. There are concerns that if the Suitcoiners collude, they might pose a threat to the structure of Bitcoin in the future. However, he does not believe this will happen, as similar unrealized concerns have existed with stock voting. Nevertheless, it is indeed a fear.