Bitcoin ETFs will follow gold ETFs' historical pattern of explosive gains followed by painful drawdowns and prolonged recoveries that test investor patience
Too little corroboration in the last 3 days to call a trend (3 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"The problem for returns is scale. The math is sound. The timeline is long. And the ceiling is known."
"Bitcoin ETFs may be following the same script: spectacular gains, painful drawdowns and recoveries that may test investors' patience. Every gold ETF cycle means the asset moons after a crash. 'Two steps forward, one step back,' he wrote—while flagging that the process can test patience for far longer than most investors expect."
"Bitcoin (CRYPTO: BTC) ETFs are likely following gold ETFs' 22-year playbook of explosive gains, painful drawdowns, and recoveries that test investor patience."