Bitcoin funding spike shows longs defending $70K: Will ETF outflows reverse bulls’ efforts?

Bitcoin’s (BTC) rising funding rate and aggregated open interest suggest bullish investors are opening longs in an attempt to defend the range lows and an important support at $70,000, but another day of spot ETF outflows has investors concerned that the institutional stance on BTC is shifting.As s…

May 28, 2026 - 10:00
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Bitcoin funding spike shows longs defending $70K: Will ETF outflows reverse bulls’ efforts?
Bitcoin’s (BTC) rising funding rate and aggregated open interest suggest bullish investors are opening longs in an attempt to defend the range lows and an important support at $70,000, but another day of spot ETF outflows has investors concerned that the institutional stance on BTC is shifting.As s…

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