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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

$63,011.87

-0.03%

$63,011.87

-0.03%

(24s)

24h Volume

$2,180,867,250.96

24h H/L

$63,175.00 / $62,946.58

Change: $228.42 (0.36%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0034%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,987.62

▼ -0.16%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$62,987.62

Support 1$62,882.63

Support 2$61,354.99

Support 3$57,800.19

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):42.5

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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