Bitcoin ETF Exodus Incoming at $38k, Schiff Predicts
full version at dailycoin
Crypto markets suffered a brutal sell-off on Friday. Peter Schiff adds to the gloom, warning that ETF investors are set to abandon ship. Bitcoin ETF flows appear steady. Bitcoin is often hailed as a beacon of decentralization, financial freedom, and anti-establishment ideals. However, it is also associated with significant price volatility. This volatility was evident on Friday when the total crypto market cap plunged below $2 trillion for the first time since late February, driven by a perfect storm of macroeconomic uncertainty, developments related to Mt. Gox, and selling by the German government. Seizing the moment, long-time Bitcoin critic
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