BLACKROCK FLAGS $BTC DECOUPLING AS $853M STORM INTO ETF GATES đŠđ°
BlackRock's digital asset chief Robert Mitchnick just flagged something traders should not ignore: Bitcoin's correlation with equities is fading fast. đ Last week, $853.5M flowed into US spot BTC ETFs â the strongest week since mid-April â with IBIT absorbing over 80% of that demand. đ°
While AI darlings hit the skids in July, BTC held its ground. That's the diversification narrative being stress-tested in real time. đ Mitchnick reminds us we've seen five boom-bust cycles â each one eventually clearing prior highs. The Coldcard exploit pushing $100M+ off self-custody into regulated funds is an extra tailwind for ETF flows. âĄ
đŹ Is this decoupling the signal that turns BTC into the portfolio's shock absorber once again? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #BTC #Bitcoin #ETF #Decoupling #InstitutionalFlow
đŠ đ
BlackRock's digital asset chief Robert Mitchnick just flagged something traders should not ignore: Bitcoin's correlation with equities is fading fast. đ Last week, $853.5M flowed into US spot BTC ETFs â the strongest week since mid-April â with IBIT absorbing over 80% of that demand. đ°
While AI darlings hit the skids in July, BTC held its ground. That's the diversification narrative being stress-tested in real time. đ Mitchnick reminds us we've seen five boom-bust cycles â each one eventually clearing prior highs. The Coldcard exploit pushing $100M+ off self-custody into regulated funds is an extra tailwind for ETF flows. âĄ
đŹ Is this decoupling the signal that turns BTC into the portfolio's shock absorber once again? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #BTC #Bitcoin #ETF #Decoupling #InstitutionalFlow
đŠ đ