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For me, the news of a massive withdrawal from Bitcoin ETFs reflects the level of sensitivity that still dominates the crypto market. Personally, I believe these kinds of movements have an immediate effect on investor confidence because ETFs have become a key bridge between the institutional world and the decentralized ecosystem. Interestingly, while many interpret these outflows as a sign of weakness, they can also be seen as natural adjustments in a market that continues to seek stability. For me, the most relevant takeaway is that volatility doesn't disappear with the arrival of regulated financial products; it simply changes form. Ultimately, I think this episode is a reminder that Bitcoin remains a risky asset, and that discipline and a long-term perspective are essential to navigating its ups and downs.