Bitcoin’s steep price decline from its October peak has sparked fears of a “crypto winter,” reminiscent of the 2022 FTX crash. While Bitcoin’s price is down over 25% in the past month alone, experts point to ETF flow data suggesting long-term investors are not panicking. Although billions have exited Bitcoin ETFs in recent months, net inflows over the past year remain positive, and the majority of assets have remained in place. Experts suggest the sell-off is driven by early crypto investors trimming positions and short-term traders, not long-term investors. This downturn is tough for investors, especially as assets like gold are rising, contrasting Bitcoin’s “digital gold” narrative.
ETF flows are down but don’t signal investor panic
