‘Sit Tight With Bitcoin’ Robert Kiyosaki Predicts Great Depression 2.0

According to a recent survey by Brown Brothers Harriman, 71% of ETF investors wish to invest more in crypto this year. This bullish signal comes as the crypto ETF market is beginning to recover from recent volatility.

The firm is one of the oldest and most prestigious investment banks in the US, adding credibility to its claims. This data also aligns with other surveys that suggest wealthy investors are interested in Bitcoin.

Crypto ETFs Are Becoming Popular Among TradFi Investors

Since the Bitcoin ETFs were first approved in 2024, they’ve ushered in a profound transformation of the crypto market. BlackRock’s IBIT was so popular that some experts declared it the greatest ETF launch ever.

According to a new survey from Brown Brothers Harriman, 71% of ETF investors are planning to further their allocations into crypto.

“Good news for the crypto crowd, 71% [of surveyed investors] said they aim to increase their allocation to crypto ETFs in the next 12 months.. That’s higher than I would have thought, I’d have guessed 40-50% and i’m pretty bullish on this space, relatively speaking,” claimed Eric Balchunas, a prominent ETF analyst.

This survey comes at a fortuitous time for the ETF space and crypto markets in general. Bearish fears have been dominating the space, and US spot Bitcoin ETFs recently took a serious beating.

However, the market is already starting to recover, and issuers have resumed large BTC purchases. This survey shows that more investors are willing to pour liquidity into the crypto market through ETFs.

Brown Brothers Harriman is one of the oldest and most prestigious investment banks in the US, and its survey is a credible indicator of ETF sentiment. Additionally, other recent surveys have drawn similar conclusions.

For example, earlier this month, a poll of wealthy US investors showed high interest in Bitcoin and other major altcoins.

Meanwhile, Bitcoin ETFs have largely recovered this week after seeing net outflow for five consecutive weeks. At the same time, more asset managers are filing diverse ETF applications with the SEC. Given the current positive sentiment among institutional investors, the long-term outlook is likely to be bullish for such funds.

The post Survey Claims 71% of TradFi ETF Investors Want Crypto Exposure appeared first on BeInCrypto.

Top meme coin Shiba Inu is showing signs of an extended bearish trend as large investors ramp up profit-taking activities. 

This wave of selling pressure has triggered a decline in the meme coin’s value, pushing it below its ascending parallel channel—a key structure that had supported its price action from June 22 through July 27.

SHIB Bulls Lose Grip as Large Holders Trigger Breakdown

Leading meme coin SHIB has broken below the lower trend line of the ascending parallel channel within which it traded for over a month. 

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Such breakdowns are interpreted as early signs of trend reversals, especially when accompanied by weakening demand and increased selling volume.

For SHIB, the breakdown coincides with a sharp surge in whale sell-offs. On-chain data from IntoTheBlock reveals a 456% dip in large holders’ netflow over the past week, confirming that major investors are exiting their positions and realizing profits.

Large holders are whale addresses that hold more than 1% of an asset’s circulating supply. Their netflow tracks the difference between the coins they buy and the amount they sell over a specific period.

When an asset’s large holders’ netflow dips this way, more tokens flow out of whale wallets than into them. This signals increased profit-taking, often a precursor to price weakness. 

In SHIB’s case, the sharp decline in netflow confirms that major investors are offloading their holdings. This reduces market confidence and adds downward pressure on the token’s value.

Futures Market Retreat Hints at Deeper Losses

Sentiment in the derivatives market mirrors the weakness seen on-chain. SHIB’s open interest in futures contracts has been steadily declining since July 22, plunging by 35% to stand at $212.48 million at the time of writing. 

This sustained drop suggests that traders are increasingly unwinding their positions, with fewer participants willing to bet on the token’s short-term upside.

When open interest falls alongside price, it is an overall sign of cooling momentum. In SHIB’s case, this drop reinforces the bearish outlook and suggests that conviction and capital are leaving the market.

SHIB Bulls Eye $0.00001467, But Whale Activity Clouds the Path

SHIB trades at $0.00001351 at press time, facing strong resistance at $0.00001362. If whale selloffs persist, this price barrier could strengthen and force SHIB’s price to trend downward to the support floor at $0.00001239.

However, if new demand rockets, the meme coin could breach $0.00001362 and soar to $0.00001467.

The post Shiba Inu’s Summer Surge Ends—Price Dips as Big Holders Exit appeared first on BeInCrypto.