Bitcoin Rises With U.S. Stocks; Coinbase Premium Turns Positive, ETFs See $258M Inflows

Bitcoin rose alongside U.S. equities on Tuesday, with the Nasdaq gaining 1.05%, the S&P 500 up 0.68%, and the Dow Jones Industrial Average climbing 421 points to close 0.86% higher, market sources cited by ChainCatcher show. The Coinbase Premium Index turned positive for the first time since Jan. 15, alongside $258 million in net inflows into spot ETFs on Tuesday, a development seen as the return of U.S. institutional buying. Correlations between Bitcoin, gold, and U.S. equities are at their lowest since the FTX collapse in 2022, and despite gold rising 51% over the past six months while Bitcoin fell 43%, onchain data firms say this extreme divergence has historically signaled significant upside. Darius Sit, founder of QCP Capital, said the divergence reflects position unwinding and leverage-driven liquidity shifts rather than a breakdown in Bitcoin's longterm narrative.