Bitcoin’s value has plummeted by almost 50% since last October, raising fears of another “crypto winter.” However, experts believe long-term investors are holding steady despite $2.8 billion in net outflows from the iShares Bitcoin Trust over three months. Hedge funds and short-term traders may be driving the sell-off.

Galaxy CEO Mike Novogratz predicts the end of the crypto market’s speculative era, with returns resembling long-term investments. Financial advisors at major banks are adding bitcoin to portfolios, while ETF experts note that outflows are not indicative of widespread investor panic. The recent crypto market turmoil is challenging for new investors.

Read more at CNBC: In bitcoin crash, ETF flows are down, but don’t signal investor panic