According to @Andre_Dragosch, global Bitcoin ETP flows were larger than Ethereum ETP flows for the first time in eight weeks. Source: @Andre_Dragosch on X, Sep 8, 2025. This breaks an eight-week stretch where Bitcoin ETP flows did not exceed Ethereum ETP flows, marking a trading-relevant change in weekly ETP flow leadership between BTC and ETH. Source: @Andre_Dragosch on X, Sep 8, 2025.

According to @Andre_Dragosch, global ETP flows last week showed a re-rotation from ETH to BTC, with Bitcoin ETP net inflows of USD 444.3 million and Ethereum ETP net outflows of USD 908.4 million, source: @Andre_Dragosch. The weekly net spread between BTC and ETH ETP flows was roughly USD 1.35 billion in favor of BTC, highlighting a notable divergence in investor allocations within listed products, source: @Andre_Dragosch.

According to @Andre_Dragosch, the worst bear market in US Treasuries alongside the post-Ukraine weaponization of USTs has accelerated a rotation into hard assets, with gold’s share of international reserves at multi-decade highs (source: @Andre_Dragosch). He states Bitcoin’s correlation to US Treasuries has collapsed to record lows while global banks, sovereign wealth funds, and institutions disclosed meaningful allocations to Bitcoin ETFs via 13F filings, signaling growing institutional adoption that matters for liquidity and price discovery (source: @Andre_Dragosch). He highlights three trading-relevant advantages of BTC versus gold in a bond-focused portfolio: lower interest-rate sensitivity, tendency to outperform gold on down days for Treasuries, and reduced portfolio volatility and drawdowns when small BTC allocations are added to sovereign bond exposures (source: @Andre_Dragosch). He adds that while gold remains the stronger hedge versus equity risk, BTC is increasingly treated as an alternative reserve asset and a sovereign bond hedge, with examples including discussions by the Czech National Bank on BTC as a diversifier, Brazil’s proposal for a Strategic Bitcoin Reserve, and a US Executive Order that set a framework for digital assets (all as reported by @Andre_Dragosch) (source: @Andre_Dragosch). Trading takeaway: monitor BTC–UST correlation regimes, track 13F-reported ETF flows for positioning signals, and consider small BTC sleeves as a hedge to duration drawdowns in sovereign bond portfolios while maintaining gold for equity-hedge characteristics (source: @Andre_Dragosch).

According to @Andre_Dragosch, $MSTR is among the top two companies currently eligible for an index addition today, and he would be surprised if it is not added. Source: Andre Dragosch on X, Sep 5, 2025. He cited a chart by @JSeyff to support the eligibility ranking. Source: Chart via @JSeyff as referenced by Andre Dragosch on X, Sep 5, 2025. If an addition is confirmed, index changes typically trigger passive fund buying and rebalance-related flows that can impact short-term price, volume, and spreads for the added stock. Source: S&P Dow Jones Indices research on index rebalancing effects. MicroStrategy holds a large amount of Bitcoin on its balance sheet, and the company discloses that Bitcoin price fluctuations can materially affect its stock price, linking MSTR performance to BTC conditions during such events. Source: MicroStrategy Investor Relations disclosures and Form 10-K risk factors.

According to @Andre_Dragosch, Bitwise has listed five flagship ETPs on the SIX Swiss Exchange, expanding investor access to Bitcoin (BTC) and Ethereum (ETH) in Europe; source: @Andre_Dragosch via @Bitwise_Europe. The listing explicitly aims to broaden investor access to BTC and ETH through exchange-traded products, as stated by the issuer; source: @Andre_Dragosch via @Bitwise_Europe.

According to @Andre_Dragosch, Bitcoin treasury companies now collectively hold more than 1 million BTC, marking a new threshold for balance-sheet adoption of BTC (source: @Andre_Dragosch). For traders, the reported 1M+ BTC held in treasuries underscores the importance of monitoring exchange balances and spot flow metrics for potential liquidity tightness when demand increases (source: @Andre_Dragosch). The crossing of a round-number milestone can act as a narrative catalyst that may influence momentum strategies and risk appetite in BTC markets (source: @Andre_Dragosch).

According to @Andre_Dragosch, S&P 500 equity risk premia have recently turned negative, implying a discount and signaling investors are accepting lower expected returns on equities versus risk-free yields, as shown in his chart, source: @Andre_Dragosch. He states discounts could steepen similar to the 1980s because US Treasury bonds are increasingly perceived as riskier than US equities, source: @Andre_Dragosch. For traders, this observation supports focusing on equity beta over duration and monitoring BTC and ETH correlation with the S&P 500 and real yields to gauge risk appetite shifts, source: @Andre_Dragosch. A key watchpoint is the spread between the S&P 500 earnings yield and US Treasury yields that underpins the equity risk premium in his exhibit, source: @Andre_Dragosch.

According to @Andre_Dragosch, BTC Inc’s Bitcoin Amsterdam conference has been acquired by treasury, described as a bitcoin treasury company, source: @Andre_Dragosch on X, Sep 3, 2025. The post provides the acquisition update without disclosing deal terms or timing, source: @Andre_Dragosch on X. Traders tracking BTC headline risk can note this verified change in event ownership for Bitcoin Amsterdam as reported in the cited post, source: @Andre_Dragosch on X.

According to @Andre_Dragosch, the average mNAV of the top 10 BTCTCs is 1.67 and the average mNAV of the top 10 ETHTCs is 1.23, excluding outliers such as Coinbase and Yunfeng Financial, source: @Andre_Dragosch on X, September 3, 2025. This shows BTCTCs in the measured group have a higher mNAV than ETHTCs by 0.44 under the same methodology, source: @Andre_Dragosch on X, September 3, 2025. The calculation explicitly removes Coinbase and Yunfeng Financial from the sample as outliers, source: @Andre_Dragosch on X, September 3, 2025.

According to @Andre_Dragosch, BitMine (BMNR) is trading at a relative multiple of 1.08 versus 1.38 for MicroStrategy (MSTR), highlighting a valuation gap between the two bitcoin-proxy equities. Source: @Andre_Dragosch (X, Sep 3, 2025). He adds this is despite a recent market rotation and BTC underperforming ETH, indicating MSTR still commands a higher relative premium than BMNR. Source: @Andre_Dragosch (X, Sep 3, 2025).

According to @Andre_Dragosch, BTC treasuries are more valuable than ETH treasuries because the average mNAV premium for major BTC treasury companies exceeds that of ETH treasury companies. Source: André Dragosch on X, September 3, 2025. He reports the average mNAV is significantly higher for BTCTCs than for ETHTCs, indicating the market assigns a higher premium to BTC treasury exposure. Source: André Dragosch on X, September 3, 2025.

According to @Andre_Dragosch, US Treasury bonds are no longer the de facto safe-haven asset and the world is transitioning to a new global monetary regime, challenging the traditional “intelligent investor” paradigm; source: Andre Dragosch on X, Sep 3, 2025. He adds that “intelligent” company valuation methods will likely return, implying recent dislocations are regime-driven rather than fundamentals-led; source: Andre Dragosch on X, Sep 3, 2025. For traders, this view signals a need to reassess bond-based hedges and safe-haven assumptions when managing crypto and equity risk exposure; source: Andre Dragosch on X, Sep 3, 2025.

According to @Andre_Dragosch, Bitcoin (BTC) is demonetizing other stores of value, including real estate, when assets are priced in BTC. Source: @Andre_Dragosch on X, Sep 3, 2025. The post emphasizes a BTC-denominated lens, implying non-BTC assets underperform when measured in BTC, per the author’s framing. Source: @Andre_Dragosch on X, Sep 3, 2025. For traders, this supports prioritizing BTC exposure and tracking cross-asset performance in BTC terms to inform allocation and relative-value positioning. Source: @Andre_Dragosch on X, Sep 3, 2025.

According to @Andre_Dragosch, Bitcoin is rallying on increasing sovereign bond risks that are spilling over into equities, identifying a macro-driven catalyst for BTC price action (source: @Andre_Dragosch on X, Sep 2, 2025). He adds that this challenges the claim that BTC is merely a leveraged NASDAQ, implying a shifting correlation regime that traders should factor into risk allocation (source: @Andre_Dragosch on X, Sep 2, 2025). This frames sovereign bond stress as a near-term driver of BTC volatility and relative strength versus equities for tactical positioning (source: @Andre_Dragosch on X, Sep 2, 2025).

According to André Dragosch, Bitcoin traded at 108,253 dollars on September 1, 2025, the highest Sept 1 print on record, source: André Dragosch on X, Sep 1, 2025. The year-over-year change from September 1, 2024 at 58,156 dollars to 2025 at 108,253 dollars equals an 86 percent gain, source: André Dragosch on X, Sep 1, 2025. Using the listed prices, the five-year compounded annual growth rate from September 1, 2020 at 11,895 dollars to 2025 at 108,253 dollars is approximately 55 percent per year, source: André Dragosch on X, Sep 1, 2025. The data also show the prior down year, with September 1, 2022 at 20,086 dollars versus 47,992 dollars in 2021, a 58 percent decline, contextualizing cycle risk for traders, source: André Dragosch on X, Sep 1, 2025.

According to @Andre_Dragosch, Bitcoin tends to gravitate toward price areas with the most liquidity where trader pain is concentrated, implying sweeps of stop-loss and liquidation clusters before direction is set (source: @Andre_Dragosch on X, Aug 31, 2025). For trade planning, this points to monitoring visible liquidity pools and resting stops via liquidation heatmaps and order book liquidity to anticipate wicks into those zones for entries and exits (source: @Andre_Dragosch on X, Aug 31, 2025). For risk management, avoid stacking stops at obvious clustered levels and consider scaling orders around identified liquidity magnets to reduce slippage and stop-outs (source: @Andre_Dragosch on X, Aug 31, 2025).

According to @Andre_Dragosch on X (Aug 30, 2025), despite new BTC all-time highs, on-chain transaction fees have not shown significant upward pressure. According to @Andre_Dragosch on X (Aug 30, 2025), the need to filter transactions has essentially vanished as more trading activity has migrated to bitcoin ETFs serving as a de facto Layer 2 for execution. Based on @Andre_Dragosch's observation on X (Aug 30, 2025), traders can operate with lower on-chain execution costs today and should note that liquidity and price discovery are concentrating in ETFs rather than on-chain.

According to @Andre_Dragosch, Bitcoin Treasury Companies (BTCTCs) are being debated as either a path to corporate BTC adoption or the cycle’s 'new altcoins' due to their indirect exposure to BTC (source: @Andre_Dragosch on X, Aug 30, 2025). For traders, the thread sets up an evaluation of whether BTCTCs behave like equity-based BTC proxies with distinct risk-return profiles compared to holding BTC directly—an issue raised by their characterization as 'altcoins' or worse (source: @Andre_Dragosch on X, Aug 30, 2025).

According to André Dragosch, in an X post on Aug 30, 2025, he states that when Bitcoin wins, Treasuries will fade, local currencies will fade, the Federal Reserve loses control, and the money printer runs out of toner. Source: André Dragosch on X, Aug 30, 2025. This positions a trading view that is bullish BTC and bearish on U.S. Treasuries and fiat currencies, implying relative outperformance of BTC versus duration and the U.S. dollar in a regime of declining confidence in sovereign debt and monetary policy. Source: André Dragosch on X, Aug 30, 2025.

According to @Andre_Dragosch, Bitcoin BTC is approaching the retail pain threshold, shared via a chart post on X on Aug 29, 2025, source: @Andre_Dragosch on X, Aug 29, 2025. The post highlights proximity to this threshold without specifying the exact metric definition or level, flagging a potential inflection zone that short-term traders may monitor for BTC price reaction, source: @Andre_Dragosch on X, Aug 29, 2025. No additional numeric targets, timing guidance, or risk disclosures were provided in the post, so trading decisions should reference the author’s original chart for context, source: @Andre_Dragosch on X, Aug 29, 2025.