Bitcoin Rangebound as ETF Outflows Continue -- Market Talk

Dow Jones05-20 21:08

0908 ET - Bitcoin is trading up 0.6% to $77,461, bouncing off of a low of nearly $76,000 overnight. News of the latest BTC acquisition by Strategy is helping keep the coin rangebound, with Strategy confirming that it purchased 24,869 BTC at an average cost of $80,985--bringing their average cost for the total 843,738 BTC to $75,700. But ETFs continue to show outflows, according to data from CoinGlass. A total outflow of $331.1 million was recorded yesterday, making it the third day in a row of net outflows and the 7th day out of the past 9. "Continued outflows could add downward pressure on the asset," says Konstantinos Chrysikos of Kudotrade in a note. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

May 20, 2026 09:08 ET (13:08 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2636403178?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-20 21:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2636403178","market":"other","top_or_hot":-1,"title":"Bitcoin Rangebound as ETF Outflows Continue -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0908 ET - Bitcoin is trading up 0.6% to $77,461, bouncing off of a low of nearly $76,000 overnight. News of the latest BTC acquisition by <a href=\"https://laohu8.com/S/MSTR\">Strategy</a> is helping keep the coin rangebound, with <a href=\"https://laohu8.com/S/STRF\">Strategy</a> confirming that it purchased 24,869 BTC at an average cost of $80,985--bringing their average cost for the total 843,738 BTC to $75,700. But ETFs continue to show outflows, according to data from CoinGlass. A total outflow of $331.1 million was recorded yesterday, making it the third day in a row of net outflows and the 7th day out of the past 9. \"Continued outflows could add downward pressure on the asset,\" says Konstantinos Chrysikos of Kudotrade in a note. (kirk.maltais@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2026 09:08 ET (13:08 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Rangebound as ETF Outflows Continue -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Rangebound as ETF Outflows Continue -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-20 21:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0908 ET - Bitcoin is trading up 0.6% to $77,461, bouncing off of a low of nearly $76,000 overnight. News of the latest BTC acquisition by <a href=\"https://laohu8.com/S/MSTR\">Strategy</a> is helping keep the coin rangebound, with <a href=\"https://laohu8.com/S/STRF\">Strategy</a> confirming that it purchased 24,869 BTC at an average cost of $80,985--bringing their average cost for the total 843,738 BTC to $75,700. But ETFs continue to show outflows, according to data from CoinGlass. A total outflow of $331.1 million was recorded yesterday, making it the third day in a row of net outflows and the 7th day out of the past 9. \"Continued outflows could add downward pressure on the asset,\" says Konstantinos Chrysikos of Kudotrade in a note. (kirk.maltais@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2026 09:08 ET (13:08 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2636403178","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2636403178","pubTimestamp":1779282480,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0908 ET - Bitcoin is trading up 0.6% to $77,461, bouncing off of a low of nearly $76,000 overnight. News of the latest BTC acquisition by Strategy is helping keep the coin rangebound, with Strategy confirming that it purchased 24,869 BTC at an average cost of $80,985--bringing their average cost for the total 843,738 BTC to $75,700. But ETFs continue to show outflows, according to data from CoinGlass. A total outflow of $331.1 million was recorded yesterday, making it the third day in a row of net outflows and the 7th day out of the past 9. \"Continued outflows could add downward pressure on the asset,\" says Konstantinos Chrysikos of Kudotrade in a note. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"随着ETF继续流出，比特币区间震荡——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/5a51df139d01bebf584603cc412b07ab","symbols_score_info":{"BITB":0.6,"DEFI":0.6,"MSTX":0.6,"BCCC":0.6,"QBF":0.6,"CBXO":0.6,"GBTC":0.6,"MSTY":0.6,"XBTY":0.6,"MSTU":0.6,"MST":0.6,"SMI3.UK":0.6,"WNTR":0.6,"BITI":0.6,"3SMI.UK":0.6,"09399":0.6,"CBOA":0.6,"CBTA":0.6,"HODL":0.6,"MSTY.UK":0.6,"BAGY":0.6,"CBTY":0.6,"MTYY":0.6,"MSII":0.6,"LMI3.UK":0.6,"MSTP":0.6,"09799":0.6,"IMST":0.6,"CBOO":0.6,"BTCC":0.6,"CBXJ":0.6,"BITO":0.6,"BITY":0.6,"BTCO":0.6,"ARKB":0.6,"CBXY":0.6,"MSTZ":0.6,"BTCW":0.6,"EZBC":0.6,"APED":0.6,"CBTO":0.6,"BFAP":0.6,"MSDD":0.6,"CBXA":0.6,"BFJL":0.6,"BITU":0.6,"MSTK":0.6,"BTC":0.6,"SBIT":0.6,"SMST":0.6,"DFII":0.6,"FBTC":0.6,"CBOY":0.6,"MSTW":0.6,"07399":0.6,"3LMI.UK":0.6,"BPI":0.6,"CBOJ":0.6,"07799":0.6,"MSST":0.6,"MSTR":0.77,"MSOO":0.6},"content_text":"0908 ET - Bitcoin is trading up 0.6% to $77,461, bouncing off of a low of nearly $76,000 overnight. News of the latest BTC acquisition by Strategy is helping keep the coin rangebound, with Strategy confirming that it purchased 24,869 BTC at an average cost of $80,985--bringing their average cost for the total 843,738 BTC to $75,700. But ETFs continue to show outflows, according to data from CoinGlass. A total outflow of $331.1 million was recorded yesterday, making it the third day in a row of net outflows and the 7th day out of the past 9. \"Continued outflows could add downward pressure on the asset,\" says Konstantinos Chrysikos of Kudotrade in a note. (kirk.maltais@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  May 20, 2026 09:08 ET (13:08 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2636403178","isCrawlerRequest":true}