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Been watching the ETF flows and something caught my eye - older money (boomers, basically) just threw about half a billion into spot Bitcoin ETFs this week. Kind of wild considering the year's been rough with outflows and everyone's underwater on their positions. BTC is sitting around $67k now, ETH down to $2k range, SOL near $80. Pretty choppy action overall.
What's interesting is these boomer investors are still buying the dip even though flows are negative and prices keep grinding lower. Like they're treating Bitcoin as actual portfolio allocation, not some crypto casino bet. One analyst put it perfectly - 'this is the bad time' - but the older crowd doesn't seem to care. They remember where we were a few years ago.
The real question is whether half a bil in smart money buying can offset the billion-plus exodus happening elsewhere. Either way, shows there's still conviction among long-term players even when sentiment turns sour. That's the kind of boomer move that might matter in the next cycle.