Bitcoin ETF investors slip into losses as price breaks below the $89,600 cost basis

Bitcoin’s slide below the key $89,600 threshold has pushed the entire cohort of spot-Bitcoin ETF investors into collective losses for the first time since the products launched. After a record-breaking October, the market’s sharp reversal is testing investor conviction as nearly $3 billion exits the ETFs in November.

Nov 18, 2025 - 10:00
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Bitcoin ETF investors slip into losses as price breaks below the $89,600 cost basis
Bitcoin’s slide below the key $89,600 threshold has pushed the entire cohort of spot-Bitcoin ETF investors into collective losses for the first time since the products launched. After a record-breaking October, the market’s sharp reversal is testing investor conviction as nearly $3 billion exits the ETFs in November.

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