Bitcoin ETF investors are showing resilience despite a 50% decline in Bitcoin's price since its peak in early October. According to Nate Geraci, President of The ETF Store, spot Bitcoin ETFs have seen approximately $6.5 billion in net outflows during this period. However, this is minor compared to the $55 billion in net inflows since January 2024. Over the past three days, net inflows have surpassed $1 billion, indicating continued investor confidence.
Long-term Bitcoin investors are accustomed to such drawdowns, and current conditions suggest that even new ETF investors are remaining calm. Rather than panic selling, these investors appear to be taking advantage of the lower prices to accumulate more Bitcoin, demonstrating a 'buy the dip' mentality.
Bitcoin ETF Investors Maintain Composure Amid 50% Price Decline
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