IBIT’s first-quarter reports for 2025 and 2026 show different sides of fund demand. Separating gross creations, redemptions, cash movements and fund size clarifies which questions remain open when interpreting price.
A dollar rally and a Bitcoin sell-off can look like a dependable trading rule. The useful question is whether their relationship survives a different period, measurement method and market backdrop.
The size of a rate cut is only part of the story. Its cause, inflation expectations and financing conditions can lead to very different outcomes for crypto.