PANews reported on February 15th, citing CNBC, that although Bitcoin prices have fallen nearly 50% since hitting an all-time high of $126,000 last October, sparkingPANews reported on February 15th, citing CNBC, that although Bitcoin prices have fallen nearly 50% since hitting an all-time high of $126,000 last October, sparking

Analysis: The outflow of funds from Bitcoin ETFs mainly comes from short-term traders, rather than long-term investors.

2026/02/15 23:48
1 min read

PANews reported on February 15th, citing CNBC, that although Bitcoin prices have fallen nearly 50% since hitting an all-time high of $126,000 last October, sparking concerns about another "crypto winter," ETF experts say that outflows from spot Bitcoin ETFs are primarily driven by hedge funds and short-term traders, rather than a large-scale exodus of long-term investors. Bitwise Chief Investment Officer Matt Hougan stated that ETF investors are not the main force behind the sell-off; the market pressure mainly comes from long-term crypto investors and short-term traders using ETFs as a tool.

Galaxy CEO Mike Novogratz pointed out that the "speculative era" in the crypto market may be coming to an end, and future returns will be closer to long-term investments, "which will be real-world assets with much lower returns." GraniteShares founder and CEO Will Rhind stated that the current period is difficult for Bitcoin investors, especially with the strong performance of "hard assets" like gold while Bitcoin continues to fall, shaking the foundations of the "digital gold" narrative. However, he noted that if investors generally capitulate, the outflow of funds over the past three months should be close to the inflow levels of the past year.

Market Opportunity
Belong Logo
Belong Price(LONG)
$0.002487
$0.002487$0.002487
-0.55%
USD
Belong (LONG) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Tether CEO Delivers Rare Bitcoin Price Comment

Tether CEO Delivers Rare Bitcoin Price Comment

Bitcoin price receives rare acknowledgement from Tether CEO Ardoino
Share
Coinstats2025/09/17 23:39
Michael Saylor Sparks Frenzy With Cryptic “99>98” Post Hinting at Another Massive Bitcoin Buy

Michael Saylor Sparks Frenzy With Cryptic “99>98” Post Hinting at Another Massive Bitcoin Buy

Michael Saylor Hints at Another Bitcoin Purchase With Cryptic “99>98” Message Michael Saylor has once again ignited speculation across cryptocurrency markets
Share
Hokanews2026/02/16 01:04