The U.S. SEC Investor Education and Advocacy Office reminds investors of the risks: Say no to FOMO
The U.S. Securities and Exchange Commission's Office of Investor Education and Advocacy yesterday posted a tweet saying "Say no to FOMO" and reminded investors that just because others may be buying a specific investment does not mean it is the right opportunity for you. Bitcoin Magazine analysis suggests that this move may be related to the market impact of potential approval of a physically-backed Bitcoin ETF.
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Today's net inflow for US Bitcoin ETFs is 1,458 BTC, and the net inflow for Ethereum ETFs is 27,066 ETH.