The post Bitcoin ETF Holders Are $5K Underwater Even as Institutional Demand Returns appeared on BitcoinEthereumNews.com. Home » Crypto News Institutional holdersThe post Bitcoin ETF Holders Are $5K Underwater Even as Institutional Demand Returns appeared on BitcoinEthereumNews.com. Home » Crypto News Institutional holders

Bitcoin ETF Holders Are $5K Underwater Even as Institutional Demand Returns

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Home » Crypto News


Institutional holders quietly added roughly 26,600 BTC to ETF positions during the recent recovery, a 2% increase in total holdings.

‘;
}
function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);
const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);
scriptEl.src = scriptURL.toString();
// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}
function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}
// Initial Load for Desktop
if (window.innerWidth > 768) {
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}
// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}
// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();


Summarize with AI


Summarize with AI

Bitcoin (BTC) touched $76,000 on March 17 to register its highest price level since early February, as institutional investors continued to put money into U.S. spot ETFs, extending a multi-day recovery streak coming after heavy outflows in February.

However, the rebound in demand is running into a key constraint, according to analyst Axel Adler Jr., with ETF investors still sitting on an average unrealized loss of $5,174, which he says could affect price action around the $80,000 mark.

ETF Flows Recover, But the $79,962 Realized Price Looms

In his latest market update, Adler said that spot Bitcoin ETF flows have gone through what he called a “full cycle” over the past month, going from capitulation in mid-February to a steady recovery in the last few weeks. According to him, from February 15 to 24, the seven-day average of ETF net flows stayed negative, hitting a low of about -1,883 BTC per day on February 18.

However, around February 25, the trend changed, with flows turning positive and peaking at about +3,387 BTC per day on March 2. Adler currently puts the seven-day average at around +1,472 BTC per day, with liquidity conditions also getting better. During the same period, the total number of ETF holdings rose by about 26,600 BTC, which is a little over 2%.

The analyst sees this change as a return of institutional demand after the earlier outflows. He does, however, point out that this demand is below a clearly defined level of resistance.

That level is the realized price for the ETF cohort, which Adler mapped at $79,962, an amount showing the average cost of buying an ETF for all investors. And with BTC trading just above $74,000 after earlier hitting a six-week high, it means the group still has an overall paper loss of over $5,000.

Adler described the gap as one of the most important structural features of the current market. This is because, as Bitcoin gets closer to the realized price, more investors will get closer to breaking even, which can make it more likely for them to sell. For that reason, the market technician says that the $80,000 region is a place where upward movement may slow down unless demand is strong enough to take in the potential extra supply.

You may also like:

Market to Test Resistance Condition

At the time of writing, data from CoinGecko showed BTC up over 5% in the last 7 days and the same across 30 days. However, the uptick was almost 9% over two weeks, although performance still lagged year-on-year, with the asset shedding nearly 11% from its value in that time, keeping it over 41% below its all-time high.

For now, Adler is watching the $80,000 level as the key battleground.

SPECIAL OFFER (Exclusive)

Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Source: https://cryptopotato.com/analyst-bitcoin-etf-holders-are-5k-underwater-even-as-institutional-demand-returns/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

TransFi Secures Pivotal $19.2M Funding to Revolutionize Global Stablecoin Payments

TransFi Secures Pivotal $19.2M Funding to Revolutionize Global Stablecoin Payments

BitcoinWorld TransFi Secures Pivotal $19.2M Funding to Revolutionize Global Stablecoin Payments In a significant move for the digital payments sector, stablecoin
Share
bitcoinworld2026/03/18 11:50
Wormhole launches reserve tying protocol revenue to token

Wormhole launches reserve tying protocol revenue to token

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Share
BitcoinEthereumNews2025/09/18 01:55
U.S SEC issues first-ever definitions for what crypto assets are securities

U.S SEC issues first-ever definitions for what crypto assets are securities

The post U.S SEC issues first-ever definitions for what crypto assets are securities appeared on BitcoinEthereumNews.com. For the first time, the U.S Securities
Share
BitcoinEthereumNews2026/03/18 12:24