- Entry
- $112,337.00
- Now
- $64,977.36 -42.2%
- Target
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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