Content
@
0 reply
18 recasts
21 reactions
Northern Star
@northernstar
Bitcoin by #BlackRock 1. Exhibited low correlation to traditional asset classes - Correlation to global equities, bonds & commodities <0.2 since 2016 2. $BTC Volatility has declined over time - 200% (2011) 👉 ~60% (2021) 3. Market capitalization has grown rapidly - $315M (2013) 👉 >$1 trillion (2021) 4. Correlation to gold has increased in recent years - 0.01 (2016) 👉 0.36 in (2021) 👉 digital alternative to $GOLD 5. $BTC Risk-adjusted returns competitive with other asset classes - Sharpe ratio ~0.37 annually since 2013 https://x.com/EricBalchunas/status/1836440460442898794
0 reply
0 recast
0 reaction
