{"id":22701,"date":"2024-06-12T18:00:29","date_gmt":"2024-06-12T15:00:29","guid":{"rendered":"https:\/\/coinengineer.io\/?p=22701"},"modified":"2024-06-12T17:55:30","modified_gmt":"2024-06-12T14:55:30","slug":"bitcoin-bear-peter-schiff-warns-of-etf-sell-off-institutional-investors-will-dump","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bitcoin-bear-peter-schiff-warns-of-etf-sell-off-institutional-investors-will-dump\/","title":{"rendered":"Bitcoin Bear Peter Schiff Warns of ETF Sell-Off: &#8216;Institutional Investors Will Dump&#8217;"},"content":{"rendered":"<p>Bitcoin permabear Peter Schiff is back with another warning for <strong>Bitcoin<\/strong> investors. This time, Schiff is warning that institutional investors who buy Bitcoin ETFs will eventually sell them, driving the price down.<\/p>\n<p>Schiff made his comments in a tweet on June 11. He said that <strong>Bitcoin<\/strong> proponents believe that institutional buying of Bitcoin ETFs will drive up the price. However, Schiff says that this is actually making the market more illiquid and volatile.<\/p>\n<p>Schiff believes that institutional investors who buy <a href=\"https:\/\/coinengineer.net\/blog\/bitcoin-and-ethereum-prices-plummet\/\">Bitcoin<\/a> ETFs are not planning to hold them forever. He says that they will eventually sell their coins, which will drive the price down.<\/p>\n<p>Schiff says that spot <strong>Bitcoin<\/strong> investors are not thinking about selling in this way. He believes that many spot investors are planning to hold their Bitcoin until it replaces fiat currencies altogether.<\/p>\n<p>Schiff&#8217;s latest warning comes as the price of <strong>Bitcoin<\/strong> has been struggling in recent weeks. The price of <strong>Bitcoin<\/strong> is currently down around 50% from its all-time high of $69,000, which it reached in November 2021.<\/p>\n<p>It is unclear whether Schiff&#8217;s warning will come to pass. However, his comments are sure to be of interest to <strong>Bitcoin<\/strong> investors who are trying to make sense of the current market.<\/p>\n<p><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a> and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin permabear Peter Schiff is back with another warning for Bitcoin investors. This time, Schiff is warning that institutional investors who buy Bitcoin ETFs will eventually sell them, driving the price down. Schiff made his comments in a tweet on June 11. He said that Bitcoin proponents believe that institutional buying of Bitcoin ETFs will<\/p>\n","protected":false},"author":1,"featured_media":21920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[61,3094,5453,43],"class_list":["post-22701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin","tag-etfs","tag-peter-schiff","tag-price"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Bear Peter Schiff Warns of ETF Sell-Off: &#039;Institutional Investors Will Dump&#039; - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/bitcoin-bear-peter-schiff-warns-of-etf-sell-off-institutional-investors-will-dump\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Bear Peter Schiff Warns of ETF Sell-Off: &#039;Institutional Investors Will Dump&#039; - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Bitcoin permabear Peter Schiff is back with another warning for Bitcoin investors. 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