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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

$84,100.76

-0.42%

$84,100.76

-0.42%

(24s)

24h Volume

$15,031,774,044.40

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.3%

Long: 58.3%Short: 41.7%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

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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