Much of the #Bitcoin ETF demand came from retail. Data is impossible to obtain, but I would actually be surprised if the majority are weak hands. Gut feel is that we will have a period of washing out the 'uninitiated', but all the HODLers who now have a retirement account allocation, they are not going anywhere.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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