Bitcoin ETFs are sitting at their largest drawdown from cumulative ATH since launch.
BTC < $70K ETF avg cost ≈ $79K $8.9B+ outflows IBIT alone shed 42K BTC from peak heavy pressure… but flows are starting to stabilize, been looking quite green lately, ETF demand returning is key for a stronger base.
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Bitcoin ETFs are sitting at their largest drawdown from cumulative ATH since launch.
BTC < $70K
ETF avg cost ≈ $79K
$8.9B+ outflows
IBIT alone shed 42K BTC from peak
heavy pressure… but flows are starting to stabilize, been looking quite green lately, ETF demand returning is key for a stronger base.