Crypto: Bitcoin Etf $86k Break-even Level In Focus Amid Us Wirehouse Influx...

Bitcoin ETF investors contend with price dropping to their aggregate entry level, but a crypto executive claims new institutions are lining up.

Bitcoin (BTC) institutional investors face a test of “conviction” as exchange-traded fund (ETF) holdings tumble by $6 billion.

Bitcoin ETF investors now face falling into aggregate loss on their holdings.

Net ETF holdings drop by over 8% versus all-time highs in a “psychological pivot” point.

New ETF buyers are on the horizon, a crypto industry executive claims.

New research from onchain analytics platform CryptoQuant Wednesday showed Bitcoin ETF buyers struggling to stay in the market.

The US spot Bitcoin ETFs have seen outflows pass $6 billion since net holdings hit all-time highs of $72.6 billion in October 2025.

With BTC price action seeing its current record of $126,200 around the same time, its subsequent decline has hit institutional appetite especially hard.

Now, ETF investors face a battle to stay above their $86,600 realized price — the aggregate level at which they entered their positions.

“With price sitting on the ETF realized price, the marginal ETF holder is no longer a seller locking in gains, but an investor deciding whether to tolerate drawdowns or exit at breakeven,” CryptoQuant contributor I. Moreno wrote.

Source: CoinTelegraph