After the approval of Bitcoin spot ETFs, market liquidity surged due to increased institutional participation and easier access for investors. However, Bitcoin’s price experienced a short-term correction. This can be attributed to several factors: profit-taking by early investors following the ETF hype, over-leveraged positions unwinding, and a "sell-the-news" event where anticipation outpaced actual impact. Additionally, outflows from vehicles like Grayscale’s GBTC, as investors shifted to lower-fee ETFs, added selling pressure. Macroeconomic concerns, such as global interest rate shifts, also played a role, dampening risk appetite. Despite enhanced liquidity, these dynamics highlight Bitcoin’s volatility, where short-term corrections often follow significant milestones. Over time, increased adoption and capital inflows via ETFs could stabilize and drive prices higher, but immediate reactions reflect market sentiment and structural adjustments.