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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

$64,432.79

+0.65%

$64,432.79

+0.65%

(24s)

24h Volume

$4,492,904,481.70

24h H/L

$64,599.95 / $63,810.00

Change: $789.95 (1.24%)

Long/Short

65.3%

Long: 65.3%Short: 34.7%

Funding Rate

-0.0000%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,512.08

▲ 0.21%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$64,562.78

Price$64,512.08

Support 1$64,050.00

Support 2$62,909.86

Support 3$61,544.56

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):51.3

CoinDesk Staff

(12:14 PM UTC)

1 min read

Updated bySarah Chen

1244 views

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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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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CoinDesk Staff · CoinDesk

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