Is the bitcoin bear market effectively over?

00:00 Speaker A

Strategy was not the only major Bitcoin buyer this week.

00:06 Speaker A

Regulated funds experienced their strongest demand in nearly a year.

00:11 Speaker A

This was what I told you about at the intro. Bitcoin ETFs record biggest weekly inflows since October 2025.

00:18 Speaker A

at 2.4 billion.

00:21 Speaker A

We're back, baby.

00:23 Speaker A

2.4 billion in a week. Now, listen, if we're being honest about this, we obviously saw a massive Bitcoin move up to, I don't remember, $88,000 before seeing some retracement here.

00:32 Speaker A

So obviously, when you see a major green candle in Bitcoin, the buyers sometimes lead it, but they definitely follow it, and I think that's largely what we saw last week.

00:41 Speaker A

But this 2.4 billion uh was the strongest week since October 2025 and checks notes, October 2025 was when Bitcoin made an all-time high at $126,000.

00:54 Speaker A

The largest inflows since Bitcoin hit its highest price of all time.

01:00 Speaker A

Importantly, this pushed 2026 ETF flows back into positive territory.

01:06 Speaker A

Bitcoin is very much fighting the tape right near right now.

01:10 Speaker A

The 10-year Treasury yield remains above 5%. Last I checked it was around 5.2%.