Bitcoin ETF Investors Now in the Red After $89,600 Level Breaks
November 17, 2025
Bitcoin ETF Investors Now in the Red After $89,600 Level Breaks – Bloomberg
The Bitcoin rally that welcomed a wave of new investors through easy-to-access ETFs has officially gone underwater.
Investors in US exchange-traded funds that offer direct access to the cryptocurrency are now sitting on collective losses. The average cost basis across all ETF inflows sits at approximately $89,600, according to Sean Rose at Glassnode — a level Bitcoin breached on Tuesday.
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