Are we entering #Bear Market? đ»
âBitcoin ETFs just hit a concerning milestone: the biggest drawdown relative to cumulative inflows in their history.
âThe data is painting a bearish picture:
đš $194.6M Net Outflow on Dec 4th.
đš 2nd Consecutive Day of massive exits.
đš BlackRock ($IBIT) alone dumped $113M.
đš Zero Inflows across all funds.
âWe have to ask the hard question: What if this isn't just a dip? What if weâre currently going through a mini bear market? đ