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Swissblock Insights
ETF Sell the News? Buy the Dip
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ETF Sell the News? Buy the Dip

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Swissblock Insights
Jan 15, 2024
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ETF Sell the News? Buy the Dip
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“In investing, what is comfortable is rarely profitable.” - Robert Arnott

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  • Bitcoin is down -13.48% since the ETF was approved on Jan 10th. Was it a sell-the-news event?

  • Intense selling pressure has been pushing BTC’s price down, especially on Coinbase. However, we’ve noticed that this is short-term pressure due to a massive rebalance.

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