Simply Bitcoin Did Blackrock Just OFFICIALLY END The Bitcoin Bull Run?! | EP 1380
Nov 19, 2025
BlackRock's recent ETF outflows have sparked intense debate about the future of Bitcoin. Michael Saylor emphasizes the normalcy of Bitcoin's price volatility and historical drawdowns. There’s speculation whether current market conditions represent a shakeout or the end of a cycle. Concerns about ETF dynamics and the understanding of Bitcoin among retail investors are discussed. The hosts advocate for self-custody and accumulating Bitcoin over relying on institutional vehicles. Nation-state adoption trends show promise, with various countries signaling interest in Bitcoin.
AI Snips
Chapters
Transcript
Episode notes
Drawdowns Are Part Of Bitcoin's Growth
- Bitcoin drawdowns are normal and historically precede new all-time highs.
- Michael Saylor frames recent price action as a healthy clearing of weak hands for the next rally.
Nobody Knows Exactly What's Happening
- Market participants are confused because price hasn't followed expected institutional accumulation.
- Hosts suggest only a few insiders may truly understand ongoing market dynamics.
ETF Flows Drive Short-Term Moves
- ETF flows can move price and create short-term volatility despite large long-term AUM.
- BlackRock's record outflow looked big but remains small relative to total ETF holdings.