Bernstein says bitcoin’s ‘boring cycle’ doesn’t undermine store-of-value thesis despite $2.6B ETF outflows in 2026
Hex37's read
- Bernstein sees Bitcoin in a "boring cycle".
- Bitcoin ETFs saw $2.6B outflows in 2026.
- This does not weaken Bitcoin's store-of-value thesis.
What it means for traders
- Despite short-term outflows, the long-term store-of-value narrative for BTC remains intact.
- Traders may consider long-term positions, looking past temporary ETF outflows.
Affected markets
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