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via CoinDesk · By CoinDesk Staff

Eric Balchunas: Bitcoin ETF outflows are noise as Wall Street doubles down on crypto

BTC

BTC/USDT

$79,937.06

+0.20%

$79,937.06

+0.20%

(24s)

24h Volume

$6,274,608,899.59

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

52.8%

Long: 52.8%Short: 47.2%

Funding Rate

+0.0007%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,999.99

▲ 0.43%

Volume (24h): -

Resistance Levels

Resistance 3$91,281.84

Resistance 2$88,315.23

Resistance 1$82,300.00

Price$79,999.99

Support 1$79,635.96

Support 2$76,187.99

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):67.1

CoinDesk Staff

(12:14 PM UTC)

1 min read

Updated bySarah Chen

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Recent Bitcoin ETF outflows look dramatic in headlines, but Bloomberg Intelligence's Eric Balchunas says the broader adoption story remains intact.

Latest developments: Balchunas argued investors are overreacting to recent Bitcoin ETF redemptions.

Speaking with CoinDesk's Jennifer Sanasie and Dave Lavalle on Public Keys, Balchunas said roughly…

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CoinDesk Staff · CoinDesk

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