{"id":132755,"date":"2024-07-10T07:00:19","date_gmt":"2024-07-10T04:00:19","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132755"},"modified":"2024-07-09T16:56:11","modified_gmt":"2024-07-09T13:56:11","slug":"smart-investors-are-selling-bitcoin-according-to-top-economist","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/smart-investors-are-selling-bitcoin-according-to-top-economist\/","title":{"rendered":"&#8220;Smart Investors&#8221; Are Selling Bitcoin, According to Top Economist"},"content":{"rendered":"<p>In a recent <strong><a href=\"https:\/\/x.com\/PeterSchiff\/status\/1810015650191970392\" target=\"_blank\" rel=\"nofollow\">statement<\/a><\/strong>, Schiff highlighted that while institutional investors are selling <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> in the spot market, retail investors are purchasing it through ETFs.<\/p>\n<p>He sarcastically credited Bitcoin whales for positioning ETF investors as potential \u201cbag holders,\u201d a term referring to those left with declining assets.<\/p>\n<p>Schiff\u2019s remarks follow ongoing market stress, compounded by potential large sell-offs from Mt. Gox.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-whales-buy-the-dip-signaling-potential-bullish-momentum\/\" title=\"Bitcoin Whales Buy the Dip, Signaling Potential Bullish Momentum\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/crypto-whales-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Whales Buy the Dip, Signaling Potential Bullish Momentum<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>He previously noted significant losses among Bitcoin ETF buyers, foreseeing more challenges if Bitcoin falls below $38,000.<\/p>\n<p>Despite recent market downturns, US-listed spot Bitcoin ETFs reported significant <strong><a href=\"https:\/\/cryptodnes.bg\/en\/spot-bitcoin-etfs-with-their-best-performance-since-the-beginning-of-june\/\">inflows<\/a><\/strong>, indicating a potential rebound amid Schiff\u2019s predictions of continued bearish sentiment for Bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Economist Peter Schiff, known for his skepticism towards Bitcoin (BTC), recently raised concerns about ETF investors facing potential losses.<\/p>\n","protected":false},"author":3,"featured_media":132370,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-132755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>&quot;Smart Investors&quot; 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