Bitcoin ETF loses $1.2 billion in a week: Has Wall Street finally learned to "play dead"?

Recently, Bitcoin ETFs are very much like workers on Sunday night: seemingly calm on the surface, collapsing inside. In just one week, $1.26 billion in funds have flowed out, and the market has instantly shifted from "bullish confidence" to "save your skin first." Even more heartbreaking, Coinbase Bitcoin premium index has been negative for eight consecutive days, meaning American investors not only haven't rushed in but have started withdrawing and criticizing at the same time. Previously, everyone worried about "whales dumping," now they realize the real dumpers are Wall Street's own risk control departments.

Many retail investors still fantasize that ETFs can be like printing money every day, but the reality is: institutional money is more unpredictable than weather forecasts. When prices rise, they shout "digital gold"; when they fall, they instantly become "high-risk experimental products." Ethereum ETFs are even worse, losing money for ten consecutive days, making it a "continuous drama in the crypto world: Who Stole My Underwear."

However, the more panicked the market, the more excited the veteran players are. Because the real big move is never launched when everyone is "bullish across the network," but quietly brewing when everyone starts doubting life. The current market is very much like a hotpot restaurant at 2 a.m.: it looks deserted, but the kitchen is actually adding ingredients.

If the Federal Reserve signals a rate cut next, coupled with continued easing of US regulations, ETF funds are very likely to flow back in. By then, those who cut their losses now might be shouting again at Bitcoin's new high: "I knew I shouldn't have sold back then!" The most stable thing in the crypto world has never been the price, but the retail investors' regret. #Gate广场披萨节