Bitwise CEO Hunter Horsley reported a significant increase in ETF trading volume, reaching approximately three to four times the usual levels. The market, however, displayed a split in sentiment. Crypto-native users and early participants expressed concern over falling prices, opting to sell their holdings. In contrast, institutional investors, wealth managers, and professional traders viewed the current prices as attractive, noting they are about 50% lower than four months ago and more appealing than levels missed two years prior, prompting them to buy actively.