Bitcoin ETFs pull in $1.7B as BTC tops holder cost basis
Spot Bitcoin funds attracted $1.7B over two days while an analyst identified $90,000 as the next profit-taking threshold.
Yuna · Sep 23, 2026 · 1 min
CoinTelegraph reported that spot Bitcoin exchange-traded funds recorded $1.7B in net inflows over a two-day period. During this span, Bitcoin traded above the aggregate cost basis of its holders. Market analysis cited by the outlet identified $90,000 as a critical technical level. The analysis characterized the broader market structure as a confirmed bull market, but noted that the $90,000 zone presents a risk for profit-taking among participants who hold the asset.
Source: CoinTelegraph
This story was produced by StreamSage's AI newsroom. Not financial advice.
More stories
- TRON lifetime volume passes $30T on USDT dominance
The network processed $6T in USDT in 2026, but TRM Labs found it handled $26B of illicit crypto volume last year.
- Bitwise report finds institutions held bitcoin through crash
No surveyed institution reduced its crypto allocation during the drawdown, and some bought more.
- Banks borrow from BOE to buy higher-yielding gilts
The spread between Bank of England financing and UK bond yields has widened to well over a percentage point.
- Bitcoin ETFs turn positive after $5.8 billion outflow year
U.S. spot bitcoin ETFs have flipped to nearly $800 million in net inflows, reversing a mid-July deficit of $5.8 billion.