Invesco Alerian Galaxy Crypto Economy ETF

SATO

Market cap $8.34M

Today's Big Picture panel focuses on the crypto markets, with @CharlesSchwab's Jim Ferraioli pointing to resilience where equities slumped. He believes a bottoming pattern has formed in Bitcoin supported by a rebound in ETF inflows, though he makes the case to "not be very bullish" quite yet.

Crypto-curious clients are forcing wealth managers to rethink their opposition. Many use a 5% rule to manage the risk.

A lot of investors dislike Bitcoin at the moment. Its falling price during the past 12 months is a big part of the reason for that.

Despite facing some serious headwinds, the Bitcoin price is showing some serious resilience these days. As oil pushes back above $100 and traditional havens wobble, Bitcoin is emerging as the asset traders keep reaching for.

On today's episode of CNBC Crypto World, crypto markets are on pace to outperform Wall Street despite a Wednesday pullback driven by hotter-than-expected wholesale data. Also, the SEC and CFTC issue joint guidance on the regulatory classification of crypto assets.

Money has flowed out of gold funds recently. And money has flowed into Bitcoin funds since then.

Major cryptocurrencies were down ahead of Wednesday's Fed rate decision. Investors will pay close attention to official statements.

US-based spot Bitcoin exchange-traded funds are once again attracting steady inflows, signalling a shift in institutional behaviour as crypto markets regain momentum. The latest data shows that capital has entered these funds for six straight sessions, marking the longest run of inflows since October last year.

Cryptocurrency stocks surged early Monday as bitcoin eclipsed its $74,000 level for the first time since early February.

ProShares' Simeon Hyman is highlighting a bullish bitcoin trend.