Why is $BTC dropping right now?

US investors are dumping Bitcoin ETFs to pile into the Anthropic IPO. Nearly $2.35 billion in Bitcoin ETF outflows this month alone.

We saw the exact same pattern during the SpaceX IPO back in June — capital rotates into the hot new thing, and crypto gets hit temporarily.

Here's the thing: these kinds of liquidity-driven selloffs have historically been some of the best entry points. When everyone's chasing the shiny new IPO, smart money quietly accumulates the asset being sold off.

This isn't a fundamental breakdown. It's just capital rotation. The question is whether you're reacting or positioning.