Bitwise Bitcoin Strategy Optimum Roll ETF

BITC

Market cap $17.9M

BlackRock's iShares Bitcoin Trust (IBIT), the largest U.S. spot Bitcoin ETF, recorded two consecutive days of redemptions this week as Bitcoin tumbled below $105,000.

Bitcoin fell to its lowest level since June as investors fled risk assets.

Professional Capital Management CEO Anthony Pompliano says that the Bitcoin boom can be attributed to a generational shift from assets like gold on ‘The Claman Countdown.' #foxbusiness #media #breakingnews #us #usa #new #news #breaking #theclamancountdown #bitcoin #crypto #cryptocurrency #blockchain #investing #finance #economy #gold #digitalcurrency #wealth #money #markets #wallstreet #stocks #anthonympompliano #technology #future

Considering how well bitcoin has performed over the last couple of months, it shouldn't come as a surprise that many advisors and investors may want to add exposure to their portfolio. Bitcoin has continued to rally to new high as the months have gone on.

Digital assets have struggled this month amid heightened trade tensions between the U.S. and China.

No investment is immune to sharp, painful downturns.

Digital asset investors finally got some good news on Tuesday, after a rough couple of days.

The Metaplanet share price has been in a strong downward trajectory this year, and is now hovering at the lowest point since May this year. It has plunged by over 70% from its highest point this year, erasing billions of dollars in value.

When investors are fretting about trade, they tend to dump digital tokens and pile into safer assets like gold.

There's been a growing sense of optimism around Bitcoin (BTC -3.26%) this year. The lead cryptocurrency set a string of new highs as confidence grew and institutional investment poured in.