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Blame the Weak Hands and Not the Increasing Financialization of Bitcoin for the Ongoing Rout

Some investors have been quick to blame the increasing financialization of Bitcoin for the ongoing rout, courtesy of the just-launched spot Bitcoin ETFs in the US.

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Bitcoin ETFs Amass 95,000 BTC with AUM Hitting Over $4B

Bitcoin ETFs Amass 95,000 BTC with AUM Hitting Over $4B
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Yes, Spot Bitcoin ETFs Are off to a Rocking Start, but Now It s Time To Move to Ethereum

If historical analogs continue to hold true, Ethereum is set to take the crypto leadership mantle now that spot Bitcoin ETFs are a reality.

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38% of the Bitcoin circulating supply is sitting in loss This is the highest level since April 2020 The Summer 21 crash peaked at around 34% of supply in loss – Investment Watch

38% of the Bitcoin circulating supply is sitting in loss This is the highest level since April 2020 The Summer 21 crash peaked at around 34% of supply in loss – Investment Watch
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