Greetings friend,
You're absolutely right. When the Bitcoin exchange traded fund (ETF) was approved, it was a beautiful moment for investors as the expected the price of Bitcoin to skyrocket, and it got pumped, and everyone was excited. However, what goes up must come down, and there was a dump in its price as most people seek to make profit from the pump in price.

Oh, and by the way, I wanted to let you know that I was really happy to read your post. It was informative and engaging. Keep up the great work.