Why Bitcoin Has StruggledIn a CNBC Squawk Box interview on Thursday, Pompliano said investors are frustrated because Bitcoin has lagged while stocks, especially AI-linked names, have captured momentum."The AI trade is really sexy," Pompliano stated. “People like the shiny thing, the thing that's going up."Pompliano attributed Bitcoin's recent underperformance to several factors:

Traders chasing AI and semiconductor momentum

Wall Street taking a larger role in Bitcoin price discovery

Bitcoin maturing as an asset

Volatility compressing as market size grows