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In bitcoin crash, ETF flows are down, but don’t signal investor panic

In bitcoin crash, ETF flows are down, but don’t signal investor panic

How crypto's recent volatility impacts ETF investors, according to Bitwise CIO and GraniteShares CEO

Bitcoin’s massive slump from a record price above $126,000 last October has darkened sentiment across the crypto landscape. Faith has been shaken in a trade that was viewed as a digital rival to gold as a store of value, and as a risk-on asset that would continue to boom alongside a crypto-friendly Trump administration.

Since the all-time high price last October, bitcoin has lost almost half its value and its inability to bounce back in trading is increasing fears about another “crypto winter” — a prolonged slump similar to the time of the FTX crash in 2022 when bitcoin fell from near $50,000 to as low as $15,000. In the past month alone, bitcoin is down over 25%.

But crypto investing experts on the latest CNBC “ETF Edge” say a look at…

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