Bitcoin ETF Holders Back in the Black as Price Barrels Towards $87,000

Bitcoin Magazine Bitcoin ETF Holders Back in the Black as Price Barrels Towards $87,000 Bitcoin exchange-traded fund holders are back in profit after the cryptocurrency’s latest surge.  Posted on X on Monday, Bloomberg ETF analyst James Seyffart wrote that the rally on Monday morning in New York posted the average investor above the estimated ETF cost basis of $81,72 for the first time since January.  Bitcoin shot above $86,000 despite key crypto legislation, the Clarity Act, getting blocked last week and the Federal Reserve raising interest rates.

The price of cryptocurrency was recently at close to $86,772 after trading as high as $86,837 earlier in the day.  JUST IN: $87,000 Bitcoin pic.twitter.com/Vgl0wCA7uY— Bitcoin Magazine (@BitcoinMagazine) September 21, 2026 The coin’s price now sits over 30% below the all-time high it hit last year of $126,080.  U.S.

Bitcoin ETFs — managed by the likes of BlackRock, Fidelity, Grayscale, and Morgan Stanley —  last week received net positive flows of over $6 million.

Investors jumped back into buying shares of the products on Thursday and Friday, throwing nearly $593 million at the vehicles, according to Farside Investors data.  Bitcoin in August started rallying after the Treasury Department said it would least double the size of its long-dated bond buybacks.