{"id":71356,"date":"2026-02-07T06:47:04","date_gmt":"2026-02-07T06:47:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=71356"},"modified":"2026-02-07T06:47:04","modified_gmt":"2026-02-07T06:47:04","slug":"ubs-says-crypto-is-not-an-asset-as-bitcoin-whales-and-etfs-pull-back","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=71356","title":{"rendered":"UBS Says \u2018Crypto Is Not an Asset\u2019 as Bitcoin Whales and ETFs Pull Back"},"content":{"rendered":"<div>\n<p>UBS has taken a firm stance against digital assets, declaring that \u201ccrypto is not an asset\u201d as Bitcoin whales and ETF investors begin pulling capital from the market.<\/p>\n<p>Bitcoin managed a bump to $70K this morning, but don\u2019t pop the champagne just yet; the original cryptocurrency is still down 50% from its October highs.<\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_6986debce1213\" data-coin-id=\"btc\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_6986debce1213-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_6986debce1213-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_6986debce1213-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_6986debce1213-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_6986debce1213-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_6986debce1213-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_6986debce1213-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_6986debce1213-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_6986debce1213-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_6986debce1213-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_6986debce1213-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_6986debce1213-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Best New Cryptocurrencies to Invest in 2026<\/a>\u00a0<\/strong><\/p>\n<h2>Why UBS\u2019s Stance Matters for Bitcoin Investors<\/h2>\n<p>When a banking giant like UBS says crypto is held by a \u201ctiny portion of society,\u201d it stings, especially since they have previously moved to <a class=\"general-link\" href=\"https:\/\/www.kucoin.com\/news\/articles\/banking-giant-joins-the-fray-ubs-set-to-open-cryptocurrency-investment-thresholds-for-private-clients\" target=\"_blank\" rel=\"noopener nofollow\">open crypto access for private clients<\/a>.<\/p>\n<p>This mixed messaging matters because institutional approval usually brings stability to the market. Instead, we are seeing the opposite.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-large wp-image-335073\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/photo_2026-02-07_00-31-51-1024x391.jpg\" alt=\"\" width=\"1024\" height=\"391\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/photo_2026-02-07_00-31-51-1024x391.jpg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/photo_2026-02-07_00-31-51-300x115.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/photo_2026-02-07_00-31-51-768x293.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/photo_2026-02-07_00-31-51-50x19.jpg 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/photo_2026-02-07_00-31-51.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"><\/p>\n<p>(Source: Bitcoin ETF Net Flow \/ <a class=\"general-link\" href=\"https:\/\/coinmarketcap.com\/etf\/bitcoin\/\" target=\"_blank\" rel=\"nofollow noopener\">CMC<\/a>)<\/p>\n<p>Jefferies analyst Andrew Moss warns that \u201ccrypto winter\u201d chatter is back, and frankly, it feels like it. With Bitcoin crashing from its $125K peak to current levels, the big money isn\u2019t buying the dip; they are selling into it.<\/p>\n<p>When major institutions turn bearish, it often signals a tougher road ahead for retail investors like us.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top 20 Crypto to Buy in 2026<\/a><\/strong><\/p>\n<h2>What Whale and ETF Activity Reveals About Market Sentiment<\/h2>\n<p>The numbers look pretty ugly right now. According to Jefferies, \u201cwhales\u201d, those massive wallets holding huge amounts of BTC, have transitioned to being net sellers as of last weekend. They aren\u2019t just holding through the storm; they are actively selling while prices are weak, claiming few bullish indicators suggest we are near a bottom.<\/p>\n<p>It\u2019s not just the anonymous whales, either. Every day, investors using traditional finance platforms are bailing out, too. We saw spot Bitcoin ETF outflows hit their second- and third-largest volumes ever in late January, followed by another massive exit on February 4. This suggests that the \u201ctourism\u201d money that flooded in via <a class=\"general-link\" href=\"https:\/\/www.specitec.com\/ubss-crypto-private-banking-clients-wealth-management-impact\/\" target=\"_blank\" rel=\"noopener nofollow\">wealth management channels<\/a> is drying up fast.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-335071\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/MSTR_2026-02-07_00-28-38-1024x601.png\" alt=\"\" width=\"1024\" height=\"601\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/MSTR_2026-02-07_00-28-38-1024x601.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/MSTR_2026-02-07_00-28-38-300x176.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/MSTR_2026-02-07_00-28-38-768x451.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/MSTR_2026-02-07_00-28-38-1536x902.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/MSTR_2026-02-07_00-28-38-2048x1202.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2026\/02\/MSTR_2026-02-07_00-28-38-50x29.png 50w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><\/p>\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/OovpuFAj\/?symbol=NASDAQ%3AMSTR\" target=\"_blank\" rel=\"nofollow noopener\">TradingView<\/a>)<\/p>\n<p>Even Michael Saylor\u2019s \u201cBitcoin treasury company\u201d (Strategy) is feeling the heat. Their stock has plummeted 75% from its peak, and their market cap is now\u00a0<span style=\"margin: 0px;padding: 0px\">billions\u00a0<em>less<\/em> than the Bitcoin they actually\u00a0<\/span>own.<\/p>\n<p>While they claim they can survive a 90% drop, the market is clearly in \u201cpeak fear\u201d territory right now.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top Solana Meme Coins to Buy in 2026\u00a0<\/a><\/strong><\/p>\n<p><strong>Follow <a class=\"general-link\" href=\"https:\/\/x.com\/99BitcoinsHQ\" target=\"_blank\" rel=\"nofollow noopener\">99Bitcoins on X<\/a> For the Latest Market Updates and <a class=\"general-link\" href=\"https:\/\/www.youtube.com\/@99bitcoins\" target=\"_blank\" rel=\"nofollow noopener\">Subscribe on YouTube<\/a> For Daily Expert Market Analysis<\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/ubs-crypto-not-asset-bitcoin-whales-etfs\/\">UBS Says \u2018Crypto Is Not an Asset\u2019 as Bitcoin Whales and ETFs Pull Back<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>UBS has taken a firm stance against digital assets, declaring that \u201ccrypto is not an asset\u201d as Bitcoin whales and ETF investors begin pulling capital from the market. Bitcoin managed a bump to $70K this morning, but don\u2019t pop the champagne just yet; the original cryptocurrency is still down 50% from its October highs. Market [&hellip;]<\/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-71356","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\/71356","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=71356"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/71356\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}