Blackrock’s iShares Bitcoin Trust ETF has seen a record $2.2 billion in outflows this month as bitcoin prices plummet over 20%. The digital asset is experiencing its worst monthly performance since June 2022, with investors rotating into safer assets like gold amid economic uncertainty.
Coinbase’s latest earnings show a company transforming before our eyes. While transaction revenue remains substantial, the real story lies in the quiet accumulation of bitcoin and explosive growth in stablecoin infrastructure.
Bitcoin’s journey to $100,000 represents more than just a price milestone. The cryptocurrency faces a fundamental shift where institutional adoption through ETFs may permanently override traditional market cycles, creating a new paradigm for digital asset valuation.
