Bitcoin hits $86,000 putting ETF investors back in profit after $86 billion wipeout
Bitcoin’s rally toward $86,000 has pushed US spot exchange-traded fund (ETF) investors back into profit after months underwater. Data from CryptoSlate showed Bitcoin gained about 6% over the past 24 hours, extending its September rebound and briefly trading near $86,000. Bloomberg Intelligence ETF analyst James Seyffart said the move put the average US Bitcoin ETF […] The post Bitcoin hits $86,000 putting ETF investors back in profit after $86 billion wipeout appeared first on CryptoSlate.
Key Takeaways
- Bitcoin’s rally toward $86,000 has pushed US spot exchange-traded fund (ETF) investors back into profit after months underwater.
- Data from CryptoSlate showed Bitcoin gained about 6% over the past 24 hours, extending its September rebound and briefly trading near $86,000.
- Bloomberg Intelligence ETF analyst James Seyffart said the move put the average US Bitcoin ETF […] The post Bitcoin hits $86,000 putting ETF investors back in profit after $86 billion wipeout appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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