The Great ETF Binge and Purge 🚿
“Even underwater,” crooned Vincent Liu, CIO of Kronos Research, “most ETF holders are long-term allocators.” Translation: They’re too stubborn to sell and too lazy to Google how to withdraw. A risk-off environment? Think of it as crypto’s spa day-liquidity dries up, macroscopic vibes loom, and dollar bills cry themselves to sleep. 🛁




