Average Bitcoin ETF Investor Now In The Red As BTC Slips Below $89,600
The post Average Bitcoin ETF Investor Now In The Red As BTC Slips Below $89,600 appeared on BitcoinEthereumNews.com.
Bitcoin’s rapid pullback has pushed the average US spot Bitcoin exchange-traded fund (ETF) investor into the red for the first time since the products launched. The flow-weighted cost basis across all US Bitcoin (BTC) ETFs sits near $89,600, a level Bitcoin fell below on Tuesday, leaving the cohort underwater, Glassnode analyst Sean Rose told Bloomberg on Tuesday. Some early buyers, particularly those who entered when Bitcoin was between $40,000 and $70,000, still remain in profit. “Even with the average ETF cost basis above spot, most ETF holders are long-term allocators, so being underwater doesn’t trigger quick exits,” Vincent Liu, the chief investment officer at quantitative trading firm Kronos Research, told Cointelegraph. “In this risk-off environment, liquidity and macro remain the key drivers. Tight conditions can turn losses into downside pressure, while clear easing signals lift anchors,” Liu added. Bitcoin is currently trading at around $89,500. Source: CoinMarketCap Related: Bitcoin ETFs bleed $1.1B as analysts warn of ‘mini’ bear market at pivotal moment Spot Bitcoin, Ether ETFs see withdrawals On Monday, US spot Bitcoin ETFs extended their multiday bleed, with a combined $254.6 million in outflows, according to data from Farside Investors. BlackRock’s iShares Bitcoin Trust (IBIT) posted $145.6 million in withdrawals, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) saw $12 million in outflows. ARK 21Shares Bitcoin ETF (ARKB) lost $29.7 million, and the Bitwise Bitcoin ETF (BITB) shed $9.5 million. The figures mark the fifth straight day of outflows, beginning on Nov. 12, when Bitcoin ETFs shed $278.1 million, followed by an even steeper $866.7 million loss on Nov. 13, the second-worst session on record. Withdrawals continued on Nov. 14 with $492.1 million exiting the products. Spot Ether (ETH) ETFs also continued to face steep withdrawals on Monday, recording a combined $182.7 million in outflows, according to data from Farside…
Filed under: News - @ November 19, 2025 1:28 am