【Bitcoin falls below $84,000, but the SEC greenlights 3x leveraged ETFs? 😳📉】
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Two things have happened in crypto over the past couple of days, and they’re especially interesting when you look at them side by side. On one hand, $BTC has fallen below $84,000. Sentiment is cold enough to freeze, and bullish confidence is fading. On the other hand, the SEC has given the green light, allowing Cboe to list the first batch of 3x leveraged funds. Adding leverage while prices are falling—I really don’t get it. 😳
These products are from Volatility Shares. One offers 3x long exposure to $BTC, and the other 3x long exposure to $ETH. Gain three times as much on an up day, lose three times as much on a down day. They also rebalance daily, a process known as daily resetting. When the market swings back and forth, your capital can get whittled away. ⚠️
Look at the flows, and the answer is right there in the data. Spot Ethereum ETFs have seen outflows for six straight days. On the latest day, another $202 million flowed out. The entire Ethereum ETF market now stands at $17.356 billion. Meanwhile, Bitcoin ETFs saw net inflows of $118.8 million. BlackRock’s IBIT alone brought in $122 million. 🔍
Money is moving from $ETH to $BTC. The shift is crystal clear. And with 3x leveraged products about to launch, short-term volatility will only get worse. In my view, the easiest mistake for retail investors to make is treating these products like spot assets and buying and selling them back and forth. They don’t earn yield, and they won’t help you ride out a market cycle. 🧭
One more detail: this round of approvals includes not just crypto, but also 3x leveraged funds tied to metals. The door was opened based on product structure, not asset class. As long as the structure is compliant, more products will be waiting in line. The sharper the tool, the less it cares which way you swing it. ⚔️
📌 Bitcoin falls below $84,000, but the SEC greenlights 3x leveraged ETFs as money shifts from Ethereum to Bitcoin.
Would you buy $BTC at this level, or wait and see what happens after the leveraged products launch? Let’s talk in the comments. 🤔
#比特币跌破8.4万美元 #SEC批准3倍比特币ETF上市
Group chat: 🌟 加入X先生的粉丝群聊
Two things have happened in crypto over the past couple of days, and they’re especially interesting when you look at them side by side. On one hand, $BTC has fallen below $84,000. Sentiment is cold enough to freeze, and bullish confidence is fading. On the other hand, the SEC has given the green light, allowing Cboe to list the first batch of 3x leveraged funds. Adding leverage while prices are falling—I really don’t get it. 😳
These products are from Volatility Shares. One offers 3x long exposure to $BTC, and the other 3x long exposure to $ETH. Gain three times as much on an up day, lose three times as much on a down day. They also rebalance daily, a process known as daily resetting. When the market swings back and forth, your capital can get whittled away. ⚠️
Look at the flows, and the answer is right there in the data. Spot Ethereum ETFs have seen outflows for six straight days. On the latest day, another $202 million flowed out. The entire Ethereum ETF market now stands at $17.356 billion. Meanwhile, Bitcoin ETFs saw net inflows of $118.8 million. BlackRock’s IBIT alone brought in $122 million. 🔍
Money is moving from $ETH to $BTC. The shift is crystal clear. And with 3x leveraged products about to launch, short-term volatility will only get worse. In my view, the easiest mistake for retail investors to make is treating these products like spot assets and buying and selling them back and forth. They don’t earn yield, and they won’t help you ride out a market cycle. 🧭
One more detail: this round of approvals includes not just crypto, but also 3x leveraged funds tied to metals. The door was opened based on product structure, not asset class. As long as the structure is compliant, more products will be waiting in line. The sharper the tool, the less it cares which way you swing it. ⚔️
📌 Bitcoin falls below $84,000, but the SEC greenlights 3x leveraged ETFs as money shifts from Ethereum to Bitcoin.
Would you buy $BTC at this level, or wait and see what happens after the leveraged products launch? Let’s talk in the comments. 🤔
#比特币跌破8.4万美元 #SEC批准3倍比特币ETF上市
