- Entry
- $112,337.00
- Final
- $79,093.46 -29.6%
- Target
- —
- Score
- +1.00
OpenAI filed confidentially for an IPO on Monday, one week after Anthropic did the same on June 1. Anthropic's last private round put it at $965B, above OpenAI for the first time, with run-rate revenue crossing $47B in May. Meanwhile spot bitcoin ETFs are on a 13-day outflow streak, $4.4B pulled since May 15, IBIT leading the bleed. BTC is sitting around $62K after losing $60K on Friday. Bernstein's read is that this isn't quantum-computing fear or some structural crypto …
— ORIGINAL POST ·
Bernstein says it's the AI trade, not quantum fears, draining bitcoin. The IPO calendar backs them up.
· r/CryptoMarkets
· Jun 10, 2026