Investors in U.S. Bitcoin spot ETFs are under pressure as the market hovers near their average entry price of $86,000. This situation tests investors' resolve to either hold their positions or take profits to avoid potential losses. CryptoQuant analyst Moreno highlighted that historically, entry price ranges act as psychological pivots, influencing investor confidence and capital flows.
Since October, U.S. Bitcoin spot ETF holdings have decreased by 8.4%, with cumulative inflows dropping from $72.6 billion to $66.5 billion. The second half of January has been challenging, with net outflows on six out of seven trading days, except for a modest net inflow of $6.8 million on January 26.
Bitcoin Spot ETF Investors Face Pressure as Market Nears Entry Prices
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