The ETF Store President: A 50% drawdown is not uncommon for Bitcoin, and ETF investors are still buying the dip

The ETF Store President Nate Geraci stated that a 50% drawdown is not uncommon for long-term Bitcoin investors and may not be the last occurrence. He pointed out that despite the significant market downturn, there are no clear signs of panic among spot Bitcoin ETF investors, as the fund flow data indicates that these investors' attitudes remain steady.

Geraci believes that, based on recent fund movements, some ETF investors are more inclined to accumulate positions during the pullback phase.