Arca Chief Investment Officer: This is the weirdest round of dumping in history, original investors are exhausted, and new funds have also failed to get on board.

Odaily News Arca Chief Investment Officer Jeff Dorman published an article this morning referring to the current big dump as the “strangest crypto assets selling wave in history.” The market clearly has many favourable information factors — the Fed's interest rate cut, the impending end of quantitative tightening, strong consumer spending, record corporate earnings, and sustained demand for artificial intelligence, among others, with the stock, credit, and gold and silver markets hitting new historical highs every month; meanwhile, all the so-called reasons for the crypto assets dumping do not hold water — MSTR has not sold, Tether is not insolvent, DAT has not reduced its holdings, Nvidia has not faced a crisis, the Fed has not turned hawkish, and the tariff war has not restarted. Jeff stated: "I still don't understand why crypto assets keep falling. The reasons could be simple; despite technological advancements and positive developments in Washington's policies and Wall Street trends, they cannot change the fact that the current crypto assets ecosystem lacks buying pressure. Native crypto investors are exhausted, and new funds have not gotten on board. Although investors are forward-looking, they are unlikely to easily change their investment processes — therefore, despite institutions like Vanguard, State Street, BNY Mellon, JPMorgan, Morgan Stanley, and Goldman Sachs preparing to get on board, they are not yet in position today. The flood of funds will not truly arrive until these institutions can conveniently allocate crypto assets through the existing authorization systems and investment processes.