Beyond IBIT: Bitcoin’s surprising link to sports betting ETF is getting harder to ignore

Burns Brief

The Roundhill Sports Betting & iGaming ETF (BETZ) and bitcoin share a strong positive correlation, with an interesting twist Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $BTC $LINK for reaction — a decisive move above or below key levels will confirm the next trend.