My Barron’s Article: Is Bitcoin Highly Correlated to Stocks?
Weekly Investment Update | By Brian Schreiner
Barron’s published my commentary on Bitcoin last week. >>
Since the launch of spot Bitcoin ETFs in early 2024, investors have been haunted by a persistent narrative: “Bitcoin is just a tech stock on steroids.”
The common view is that when the stock market sneezes, Bitcoin catches a cold. As soon as liquidity dries up, crypto goes into free fall. It is a convenient theory for Bitcoin skeptics. But a closer look at the data reveals what many investors are missing: Bitcoin hasn’t been highly correlated with stocks.
“As the Bitcoin adoption rates increase and the network matures, I expect its correlation to stocks to continue to moderate. For my clients, that modest correlation is a feature, not a bug.”
Brian Schreiner, in Barron’s on Monday, December 8, 2025
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