Franklin Bitcoin ETF

EZBC

Market cap $464M

Artificial intelligence may be one of the most crowded trades in financial markets right now — but bitcoin, which is currently mired in a bear market, could be a cheaper way to play the AI boom.

At 5.00 PM Eastern time, Bitcoin (BTC 2.17%) had slipped 1.6% to $76,978.87 while Ethereum (ETH 3.23%) was down 3.2% to $2,290.06 and Solana (SOL 3.05%) declined 2.9% to $84.19.

Capital has flowed into bitcoin through multiple channels, which makes it less likely that bitcoin sees a sharp reversal like in previous months, and more likely that the rally builds momentum.

US spot bitcoin exchange-traded funds (ETFs) recorded their strongest weekly inflows since mid-January, extending a three-week streak of positive momentum as improving risk appetite and geopolitical developments drove institutional activity. ETF inflows hit multi-month highs According to data from SoSoValue, spot bitcoin ETFs drew in $996.4 million in net inflows last week, marking the largest weekly total since the week ended Jan. 16.

The crypto crowd spent years positioning Bitcoin as the ultimate hedge against a falling dollar. Did it pay off?

Over the years, Gold and Bitcoin ( CRYPTO: BTC ) have been fighting over the “best inflation hedge” title, and depending on the angle you decide to argue from, both assets make a pretty good case.

It is dangerously easy to treat Bitcoin and traditional stocks as equals when they sit side-by-side in your brokerage app.

Bitcoin ( CRYPTO: BTC ) is trading above $74,000 after a bearish first quarter that saw it lose 23% of its value.

Bitcoin is entering a post-peak correction phase that could extend through the coming months, even as the broader macro backdrop continues to support hard assets, according to Michael Terpin.

Bitcoin on Tuesday tested a key level that has blocked gains for months, as technical analysts watched for signs that the cryptocurrency may finally be ready to break out.