{"id":60435,"date":"2025-11-26T07:46:33","date_gmt":"2025-11-26T07:46:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=60435"},"modified":"2025-11-26T07:46:33","modified_gmt":"2025-11-26T07:46:33","slug":"mohamed-el-erian-argues-bitcoins-drop-is-due-to-flight-of-speculative-tourist-investors-but-this-analyst-says-its-not-the-end-of-the-world","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=60435","title":{"rendered":"Mohamed El-Erian Argues Bitcoin’s Drop Is Due To Flight of Speculative ‘Tourist’ Investors, But This Analyst Says It’s ‘Not the End of the World’"},"content":{"rendered":"
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Economist\u00a0Mohamed El-Erian<\/strong> said on Tuesday that Bitcoin <\/strong>(CRYPTO: <\/a>BTC<\/a>) is still dominated by \u201ctourist\u201d investors who fuel short-term price swings, pointing to the heavy outflows from the iShares Bitcoin Trust ETF<\/strong> (NASDAQ:<\/a>IBIT<\/a>).<\/p>\n

Flight Of Speculative Buyers Behind Bitcoin\u2019s Decline?<\/h2>\n

El-Erian, who is the Chief Economic Advisor at\u00a0Allianz<\/strong>, argued that Bitcoin\u2019s investor pyramid remains \u201cupside down,\u201d i.e, while the base of long-term holders has grown, the speculative “tourist” owners still dominate the top layer.<\/p>\n

\u201cBitcoin’s recent price declines have been associated with a significant flight of these top-layer tourist investors,\u201d El-Erian said, highlighting the sharp outflows from the iShares Bitcoin ETF, the world\u2019s largest cryptocurrency-focused investment vehicle.<\/p>\n

The ETF has recorded about $2.27 billion in outflows this month, according <\/a>to data from SoSo Value, a dramatic turnaround from $3.93 billion in net inflows in October.<\/p>\n

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Full story available on Benzinga.com<\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Economist\u00a0Mohamed El-Erian said on Tuesday that Bitcoin (CRYPTO: BTC) is still dominated by \u201ctourist\u201d investors who fuel short-term price swings, pointing to the heavy outflows from the iShares Bitcoin Trust ETF (NASDAQ:IBIT). Flight Of Speculative Buyers Behind Bitcoin\u2019s Decline? El-Erian, who is the Chief Economic Advisor at\u00a0Allianz, argued that Bitcoin\u2019s investor pyramid remains \u201cupside down,\u201d […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-60435","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60435"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/60435\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}