The only thing that the Bitcoin ETF accomplished was to stabilize Bitcoin's price. It did nothing to

[Part-Time Chad]

increase its value.

It's even worse for the Ethereum ETF. That caused the price of ETH to plummet and remain low. It hasn't recovered since. Ethereum would've been much better off without it.

So, all the hype about how these digital assets were going to go parabolic and make us all rich, once the ETFs went live, turned out to be dead wrong. Another broken promise.

 

[Acne Victim]

i mean did people expect there to be some huge surge in demand or what? lmao

crypto is still worthless and useless

 

[MA_ascender]

PajeetCoin is going to the moon

 

[Deleted member 76870]

PajeetCoin is going to the moon
View attachment 3190791

is this legit? i can see the future in this

 

[Part-Time Chad]

i mean did people expect there to be some huge surge in demand or what? lmao

crypto is still worthless and useless

I expected the ETF vehicle to attract investors who were waiting on the sidelines, too skittish to self-custody their crypto.

 

[Acne Victim]

I expected the ETF vehicle to attract investors who were waiting on the sidelines, too skittish to self-custody their crypto.

I can't say much cuz I'm not heavily on crypto anymore and I don't really give a fuck, but from what I assume it was expected that institutional investors would come in heavily (which apparently didn't happen) and some more retail (which could be because the people that believe and consider investing in crypto would buy it regardless of ETF