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According to Odaily Planet Daily, Bitcoin's ETF against BlackRock's US treasury bond bonds has recently hit a record high. Last week, as BTC approached its historical high of more than $73000 in March, its trading price reached 800 times the value of BlackRock iShares 20+year treasury bond bond ETF (TLT), which was 466 times higher than the peak value of BTC last time in November 2021. Analysis suggests that the lack of incentives for price increases may be the reason why the ETF (with total assets of $60 billion) has fallen 7% this year while Bitcoin has risen 55%. The relative performance may indicate that investors may transfer some of their portfolios from long-term US treasury bond bonds to Bitcoin. （CoinDesk）