Spot Bitcoin ETF Buyers: Inexperienced Investors or Panic Sellers?
ETF Investors Behaving Like “Noobs”? On-chain analyst Willy Woo suggests that some spot Bitcoin ETF investors may be less experienced than expected. When prices crashed on March 5th, there was a $1.6 billion outflow from spot Bitcoin ETFs, while the network saw $1.1 billion in inflows. This suggests that some investors redeemed their shares and…