Bitcoin ETF

Bitcoin

Spot

<p><strong>Key Points</strong>:</p>  
<ul class="wp-block-list">
 <li><em>4-5% of Bitcoin market inflows are tied to US Spot ETFs since January</em></li>  
 <li><em>The cost basis of Spot ETFs ranges between $54.9k and $59.1k, indicating key break-even stress points for investors</em></li> 
</ul>  
<h5 class="wp-block-heading"><strong>Glassnode reports that Spot Bitcoin ETF inflows account for 4-5% of Bitcoin’s net capital since Jan 2024, with a cost basis of $54.9k-$59.1k acting as stress points.</strong></h5>  
<figure class="wp-block-image aligncenter size-large"><a href="https://coincu.com/wp-content/uploads/2024/10/telegram-cloud-photo-size-5-6339371140941725072-y.jpg" rel="noopener noreferrer nofollow"><img src="https://coincu.com/wp-content/uploads/2024/10/telegram-cloud-photo-size-5-6339371140941725072-y-1024x576.jpg" alt="Spot Bitcoin ETF Inflows Reach 4% of Market Capital Since January" class="wp-image-285516"></a>
 <figcaption class="wp-element-caption">
 </figcaption>
</figure>  
<h2 class="wp-block-heading" id="strong-u-s-spot-bitcoin-etf-inflows-and-investor-behavior-strong"><strong>U.S. Spot Bitcoin ETF Inflows and Investor Behavior</strong></h2>  
<p><a href="https://insights.glassnode.com/the-week-onchain-week-40-2024/" target="_blank" rel="noopener noreferrer nofollow">According to a recent analysis by Glassnode</a>, U.S. Spot ETFs account for some 4-5% of the net inflow of capital into Bitcoin since January 2024. Their cost basis currently lies between $54.9k and $59.1k - a good indicator of where investors with ETFs could break even.</p>  
<p>These are psychological stress points, which, with the fluctuation of Bitcoin, affect investors in their decision-making processes. Investors closely monitor these points as signals on the market that may determine whether to hold, sell, or buy and have a significant impact on overall market trends.</p>  
<p class="has-background" style="background-color:#222222"><strong>Read more: <a href="https://coincu.com/285401-spot-bitcoin-etf-outflows-hit-91m-led-by-arks/" target="_blank" data-type="link" data-id="https://coincu.com/285401-spot-bitcoin-etf-outflows-hit-91m-led-by-arks/" rel="noopener noreferrer nofollow">Spot Bitcoin ETF Outflows Hit $91M, Led By Ark’s ARKB</a></strong></p>  
<h2 class="wp-block-heading" id="strong-etf-cost-basis-as-a-stress-indicator-for-bitcoin-markets-strong"><strong>ETF Cost Basis as a Stress Indicator for Bitcoin Markets</strong></h2>  
<p>The cost basis of the Bitcoin Spot ETFs falls in the very key range of $54.9k-$59.1k, which will be important to define investor sentiment. These levels have become important psychological barriers that influence the way ETF investors view their unrealized profit and loss.</p>  
<p>A break below this range could ramp up stress levels among investors and could be an indication of mounting selling pressure. Continued upward growth above this level reflects good conditions in the market that lure investors into either holding or building more positions in Bitcoin, shaping the overall sentiment.</p>  
<figure class="wp-block-table">
 <table class="has-luminous-vivid-orange-color has-text-color has-link-color">
  <tbody>
   <tr>
    <td><em><strong>DISCLAIMER</strong>:&nbsp;The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.</em></td>
   </tr>
  </tbody>
 </table>
</figure>

Spot Bitcoin ETF Inflows Reach 4% of Market Capital Since January

Table of Contents

Coincu

Other articles published on Oct 3, 2024

EOS (EOS) Price Prediction 2024, 2025, 2026-2030

Taiwan FSC drafts new AML rules for crypto firms with penalties for non-compliance

Weekly Article Recap: 9/16-9/20

Qubetics Making Waves in the Crypto Space Outshines Polkadot & TRON

What Do JPMorgan Analysts Forecast for Bitcoin?

Crypto Market Selloff: Bitcoin and Altcoins Crash In Major Shakeout Before ‘Uptober’ Rally

Join our free newsletter for daily crypto updates!