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Bitcoin beats the S&P 500 on most trading days but still loses the month

Bitcoin's relative win rate against the S&P 500 recovered above 50% in recent sessions, up from about one session in five in June, its weakest stretch in roughly six years, according to Glassnode. Coinbase Institutional'...

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Bitcoin beats the S&P 500 on most trading days but still loses the month

Bitcoin's relative win rate against the S&P 500 recovered above 50% in recent sessions, up from about one session in five in June, its weakest stretch in roughly six years, according to Glassnode. Coinbase Institutional's Oct. 23 report found BlackRock's IBIT drawing about $6 billion since Aug. 1 against roughly $500 million across all other…

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Why this matters

Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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