The Roundhill Sports Betting & iGaming ETF (BETZ) and bitcoin share a strong positive correlation, with an interesting twist. The Roundhill Sports Betting & iGaming ETF (BETZ) has shown a strong positive correlation with bitcoin, with a 365-day correlation coefficient of 0.91. Historically, BETZ has tended to peak and bottom weeks before bitcoin, with notable leads around the 2021 top and 2022 bottom, as well as in 2025. The BETZ-BTC relationship reinforces the view of bitcoin as a risk-sensiti…
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