Jun 30, 2026 5:37 PM
Institutional investors are treating Bitcoin as a disposable asset, dumping $4.3 billion from ETFs this month just to chase higher Treasury yields. BlackRock’s IBIT alone accounts for the vast majority of these exits, proving that "diamond hands" don't exist on Wall Street. Bitcoin’s price is no longer driven by crypto sentiment, but by the bond market’s whims. If BTC is the first thing trimmed when debt pays more, can it ever be a true store of value? What’s your take?
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