- Bitcoin traded below $84,000, with the 2025 yearly buyer cohort's average cost basis near $88,000 acting as resistance.
- U.S. spot bitcoin ETFs hold an average cost basis of approximately $82,300, marking a potential support level if the pullback continues.
- Spot Bitcoin ETFs drew $134.4 million over the first two trading days of October, rebounding from a Sept. 30 outflow.
- Global X Bitcoin Covered Call ETF declared a weekly dividend of $0.0779 per share.
Quotes
“Only one yearly bitcoin BTC$83,699.71 buyer cohort remains underwater, according to checkonchain data: investors who bought in 2025, with an average cost basis of approximately $88,000, which may now be forming a key resistance level due to sell pressure from relatively recent buyers.”
“Spot Bitcoin ETFs took in $134.4 million over the first two trading days of October, rebounding from a Sept. 30 outflow as a weak jobs report cooled Fed rate-hike bets.”