The ETF Store President: 50% Drawdowns Are Not Uncommon for Bitcoin, ETF Investors Are Still Buying the Dip
Nate Geraci, President of The ETF Store, stated that for long-term Bitcoin investors, a 50% drawdown is not unusual and may not be the last one. He pointed out that despite the market experiencing significant declines, spot Bitcoin ETF investors have not shown obvious signs of panic, and fund flow data indicates that these investors remain confident. Geraci believes that based on recent fund movements, some ETF investors are more inclined to buy the dip during pullbacks. $MSFTon {alpha}(560x6bfe75d1ad432050ea973c3a3dcd88f02e2444c3)
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The ETF Store President: 50% Drawdowns Are Not Uncommon for Bitcoin, ETF Investors Are Still Buying the Dip
Nate Geraci, President of The ETF Store, stated that for long-term Bitcoin investors, a 50% drawdown is not unusual and may not be the last one.
He pointed out that despite the market experiencing significant declines, spot Bitcoin ETF investors have not shown obvious signs of panic, and fund flow data indicates that these investors remain confident. Geraci believes that based on recent fund movements, some ETF investors are more inclined to buy the dip during pullbacks. $MSFTon {alpha}(560x6bfe75d1ad432050ea973c3a3dcd88f02e2444c3)