Sentiment Sweet Spot (Core Strategy Rebalance)

Jun 30, 2023 • 5 Min Read

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BTC 2.35% ETH 3.22% RIOT N/A% RPL 3.86% SOL 2.71% WGMI N/A%

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 other prominent players into the market changed the perspective of U.S. market participants toward t...

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Sentiment Sweet Spot (Core Strategy Rebalance)

Early Proof of “Catch-Up” Trade

Unlock this article with a FREE 30-Day Trial!

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