#bitcoin #etf
📉 $BTC ETF: Panic or ironclad endurance? 💎
Despite Bitcoin being in a “downtrend” for four months now, holders of US spot ETFs are showing unexpected resilience. Here are the main points from the latest analyst reports:
📊 The numbers speak for themselves:
• Paper losses: ETF holders are currently down about 42% from their peak. The average investor is now “underwater” by 24%.
• Capital outflows: Net inflows into ETFs fell from $62.11 billion to about $55 billion. This is the first three consecutive months in history that we have seen outflows.
• Asking price: At the time of publication, $BTC is trading around $70,537, having lost almost 25% over the past month.
🎙 What do the experts say?
James Seyffart (Bloomberg): “ETFs are still holding up pretty well.” Despite the drop, the outflows are small compared to the giant infusions during the hype.
Eric Balčunas: Calls not to be "myopic." Bitcoin has grown by 400% since 2022, leaving gold (+177%) and silver (+350%) far behind. Even in a "coma", $BTC is ahead of traditional assets.
Ki Young Ju (CryptoQuant): It's a fact — almost every analyst in the market is bearish right now. 🐻
Although the market sentiment is currently gloomy, institutional investors (ETF owners) are in no hurry to "drain" assets en masse. They are "under water", but they are holding positions. It seems that big money is playing long.
