Chasing highs and dumping lows, it's becoming more and more obvious. Yesterday, when BTC's price dropped below $90,000, the spot ETF institutions that were increasing their holdings on Monday and Tuesday turned into sellers. BlackRock, Fidelity, and Grayscale all saw four-digit sell-offs. Traditional investors are the same—chasing when prices rise and dumping when prices fall. The market has money, but new funds are still cautious. However, relatively speaking, ETFs remain the most widely held long-term investment group. Right now, traditional investors' interest in the crypto space is still quite low, and price remains the main influencing factor. @bitget VIP, lower fees, crazier perks.