[Arca Chief Investment Officer: This Crash is 'The Most Bizarre Cryptocurrency Sell-Off in History,' Still Don't Understand Why It Keeps Dropping] According to a report by Jinse Finance, Arca Chief Investment Officer Jeff Dorman wrote this morning that this crash is 'the most bizarre cryptocurrency sell-off in history.' The market clearly has many positive factors — the Federal Reserve cutting interest rates, the end of quantitative tightening approaching, strong consumer spending, record-breaking corporate earnings, sustained strong demand for artificial intelligence, and so on. Stock, credit, and gold and silver markets are hitting new all-time highs every month. At the same time, all the so-called reasons for the cryptocurrency sell-off don't hold water — MSTR hasn't sold, Tether isn't insolvent, DAT hasn't reduced holdings, Nvidia hasn't had a meltdown, the Federal Reserve hasn't turned hawkish, and the trade war hasn't restarted. Jeff stated: 'I still don't understand why cryptocurrencies keep dropping. The reason might be simple: despite technological advancements and positive developments in Washington policies and Wall Street trends, none of this changes the fact that the current cryptocurrency ecosystem lacks buying pressure. Native crypto investors are exhausted, and new funds have not entered the market. While investors are forward-looking, they are not quick to change their investment processes — so even though institutions like Vanguard, State Street, BNY Mellon, JPMorgan, Morgan Stanley, and Goldman Sachs are about to enter the space, they are not in position today. Until these institutions can conveniently allocate crypto assets through existing authorized systems and investment processes, the flood of capital will not truly arrive.'