Bitcoin Price Defends $81.5K ETF Cost Basis Despite Rising Outflows

Bitcoin Price Defends $81.5K ETF Cost Basis Despite Rising OutflowsBitcoin has twice defended the roughly $81,500 cost basis of U.S. spot ETF investors, even after $681 million in net ETF outflows last week and another $65 million shed on Monday. Glassnode Flags $77.5K if Bitcoin Loses ETF Cost Basis Bitcoin is testing whether institutional ownership has permanently changed the character of its market. The […]

Source: https://news.bitcoin.com/market-updates/bitcoin-price-defends-81-5k-etf-cost-basis-despite-rising-outflows/

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