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As Asset Managers Exit Crypto, The Music May Be Stopping For Many Cryptocurrencies

Source: SeekingAlpha

2026-05-27 11:43:59 ET

While looking at the crypto market lately, one can notice a somewhat odd trend. Bitcoin ( BTC-USD ) is underperforming the S&P 500 ( SP500 ) Year-to-Date, with a -14%. At the same time however, many crypto-related names are actually outperforming not only Bitcoin but even equity markets (see below chart)....

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As Asset Managers Exit Crypto, The Music May Be Stopping For Many Cryptocurrencies
Fidelity Crypto Industry and Digital Payments ETF

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