Sentiment Sweet Spot (Core Strategy Rebalance)

Jun 30, 2023 • 5 Min Read

Early Proof of “Catch-Up” Trade

Last week witnessed a significant development as traditional market participants, most notably BlackRock, entered the cryptocurrency space with a spot-based ETF application. This move not only carried implications for market structure but also sparked a noteworthy narrative shift. Despite Bitcoin's relative resilience to regulatory pressures compared to other cryptoassets, it still faced some performance drag. However, the entry of BlackRock, Citadel, and ...

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