Surprised? Bitcoin ETFs were sold in 7 out of 8 major downturns! This shatters the illusion many people had that Wall Street would prop up the market during a bear market. Although ETFs did see outflows during major market drops, overall they still attracted plenty of new money. What does this tell us? Institutional investors chase rallies and sell off during downturns, too! $BTC #比特币ETF #Market sentiment
Surprise! Bitcoin ETFs were sold during 7 out of 8 major crashes! This breaks the myth that Wall Street would support prices during downturns. Despite the outflows during market dips, ETFs have still attracted significant inflows overall. Lesson learned: even institutional investors tend to follow the herd! $BTC #BitcoinETF #MarketSentiment
Surprise! Bitcoin ETFs were sold during 7 out of 8 major crashes! This breaks the myth that Wall Street would support prices during downturns. Despite the outflows during market dips, ETFs have still attracted significant inflows overall. Lesson learned: even institutional investors tend to follow the herd! $BTC #BitcoinETF #MarketSentiment