{"id":79476,"date":"2026-10-13T20:25:18","date_gmt":"2026-10-13T20:25:18","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-defends-81-5k-etf-cost-basis-despite-rising-outflows\/"},"modified":"2026-10-13T20:25:18","modified_gmt":"2026-10-13T20:25:18","slug":"bitcoin-price-defends-81-5k-etf-cost-basis-despite-rising-outflows","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-defends-81-5k-etf-cost-basis-despite-rising-outflows\/","title":{"rendered":"Bitcoin Price Defends $81.5K ETF Cost Basis Despite Rising Outflows"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin twice defended the $81.5K ETF cost basis despite $746M in recent fund outflows.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Glassnode sees $77.5K as the next major support if institutional demand fails to hold the floor.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">ETF investor positioning now matters more than fresh inflows for bitcoin\u2019s next move.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2 data-pm-slice=\"1 1 []\">Glassnode Flags $77.5K if Bitcoin Loses ETF Cost Basis<\/h2>\n<p>Bitcoin is testing whether institutional ownership has permanently changed the character of its market.<\/p>\n<p>The cryptocurrency has bounced twice from roughly $81,500, a level Glassnode identifies as the <a href=\"https:\/\/x.com\/glassnode\/status\/2109988784607772792?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">aggregate cost basis<\/a> for U.S. spot bitcoin ETF investors. That matters because BTC spent much of this year below the threshold, while its May rally stalled just underneath it.<\/p>\n<p>What was once resistance is now acting as support.<\/p>\n<p>More strikingly, bitcoin has defended the level despite $681 million in net U.S. spot ETF outflows last week and another <a href=\"https:\/\/news.bitcoin.com\/market-updates\/blackrock-drives-150m-bitcoin-ether-etf-selling\/\">$65 million outflow on Monday<\/a>. If support eventually breaks, then Glassnode points to the true market mean near $77,500 as the next major level.<\/p>\n<figure id=\"attachment_855646\" aria-describedby=\"caption-attachment-855646\" style=\"width:2560px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-855646\" class=\"wp-caption-text\">Source: Glassnode<\/figcaption><\/figure>\n<h2>ETF Cost Basis Becomes Bitcoin\u2019s New Line in the Sand<\/h2>\n<p>The resilience around $81,500 is notable because ETF flows have recently been working against bitcoin rather than supporting it. Vugar Usi Zade, CEO of MEXC, argued that institutional capital has nevertheless created a stronger structural floor.<\/p>\n<p>\u201cBitcoin is moving into a phase of institutional maturity, where the $80,000 mark has become the average cost for positions held by spot ETFs and custodial services,\u201d he said.<\/p>\n<p>If major funds accumulated heavily around this zone, then declines toward $80,000 may increasingly attract buyers rather than trigger panic.<\/p>\n<h2>Bitcoin Is Also Outrunning Broader Liquidity<\/h2>\n<p>Institutional positioning is not the only constructive signal.<\/p>\n<p><a href=\"https:\/\/x.com\/BitcoinMagazine\/status\/2110033449843134551?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin Magazine analysis<\/a> comparing BTC with Federal Reserve net liquidity noted that bitcoin has recently outperformed the broader liquidity backdrop, even while maintaining a meaningful longer-term relationship with it. That is important because bitcoin has historically been highly sensitive to liquidity conditions.<\/p>\n<p>Recent performance suggests investor demand may be contributing more to <a href=\"https:\/\/www.bitcoin.com\/price\/bitcoin\/\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin\u2019s price<\/a> action, rather than simply rising and falling with shifts in macro liquidity. Still, BTC remains exposed to broader financial conditions. Liquidity matters, even if it is no longer the only force driving the market.<\/p>\n<h2>$77.5K Becomes the Risk Level to Watch<\/h2>\n<p>Two successful defenses of the ETF cost basis are encouraging. Defending it while ETFs are recording net redemptions is an even stronger test. However, the $81,500 mark is not guaranteed to hold. Continued ETF withdrawals could eventually overwhelm underlying spot demand.<\/p>\n<p>For traders, the setup is increasingly clear.<\/p>\n<p>Bitcoin\u2019s price holding above $81,500 despite persistent outflows would reinforce the argument that institutional positioning has created a new BTC floor. Losing it would quickly shift attention toward $77,500.<\/p>\n<p>The key question is no longer whether ETFs can push bitcoin higher. It is whether bitcoin can hold the ETF cost basis while money is leaving the funds.<\/p>\n<div class=\"not-prose my-3 lg:my-4\">\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden md:flex md:flex-row md:gap-3 lg:hidden\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/blackrock-drives-150m-bitcoin-ether-etf-selling\/\"><img alt=\"Blackrock Drives $150M Bitcoin, Ether ETF Selling\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/div>\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden lg:flex lg:flex-row lg:gap-4\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/blackrock-drives-150m-bitcoin-ether-etf-selling\/\"><img alt=\"Blackrock Drives $150M Bitcoin, Ether ETF Selling\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fblackrock-drives-150m-bitcoin-ether-etf-selling-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/p>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">U.S. crypto ETFs opened the week under renewed pressure, with bitcoin funds losing $65.40 million and ether ETFs extending their\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-defends-81-5k-etf-cost-basis-despite-rising-outflows\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin twice defended the $81.5K ETF cost basis despite $746M in recent fund outflows. Glassnode sees $77.5K as the next major support if institutional demand fails to hold the floor. ETF investor positioning now matters more than fresh inflows for bitcoin\u2019s next move. Glassnode Flags $77.5K [&hellip;]<\/p>\n","protected":false},"author":3947362377,"featured_media":79477,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79476"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362377"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=79476"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/79477"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=79476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=79476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=79476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}