Golden Finance reports that, according to Van Straten data, Bitcoin has reached an all-time high against BlackRock's US Treasury ETF. Last week, as BTC approached the historical high of over $73,000 set in March, its trading price reached 800 times the value of BlackRock's iShares 20+ Year Treasury Bond ETF (TLT). This figure is higher than the 466 times it reached when BTC peaked in November 2021. BlackRock's long-term US Treasury ETF (TLT) has declined 8% year-to-date, while Bitcoin has risen 55%. Van Straten analysts suggest that the lack of incentives for price increases may be the reason, with TLT's total assets at $60 billion. The relative performance may indicate that investors might shift part of their portfolios from long-term US Treasuries to Bitcoin.