Bitcoin ETF Bloodbath: Geopolitical Chaos Sends Investors Fleeing
Wall Street's crypto darling hits a wall. Bitcoin ETF inflows just cratered as global tensions spike—turns out digital gold isn't bulletproof.
The big unwind. Traders yank $2.1B from spot Bitcoin ETFs in three weeks (thanks for nothing, Middle East). Grayscale's GBTC bleeds another $300M daily—because paying 1.5% fees to lose money never gets old.
Institutional FOMO dies screaming. Remember January's record-breaking ETF launches? That euphoria lasted exactly 147 days before macro headwinds gutted demand. Even BlackRock's mighty IBIT saw inflows drop 62% week-over-week.
Silver lining for diamond hands. Retail OTC buying surges 18% as whales scoop discounted BTC. 'When Wall Street zigs, we zag,' tweets crypto influencer WhaleShark420 (portfolio down 73% YTD).
Bottom line: The suits panic-sell every time missiles fly—but the blockchain doesn't care. Tick-tock next halving.