Bitcoin ETFs shed $1.2B in red week, but Schwab remains bullish

💡 DMK Insight

This week's $1.22 billion drop in Bitcoin ETFs serves as a stark reminder of the volatility that defines the crypto landscape. While the decline is alarming, it’s interesting to note that Schwab's clients now hold a hefty 20% of all US crypto ETPs, suggesting a growing institutional interest. This dual narrative highlights the dichotomy of fear and opportunity in the market; as prices tumble, savvy investors might see a chance to buy low. Ultimately, the resilience of crypto enthusiasts will be tested as they navigate these turbulent waters.