Bitcoin Crash Impacts ETF Market: 5 Funds Reach New Lows as Traders Seek a Bottom

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

BTC-0.748%

ETH-1.326%

Source: benzinga_crypto

Updated: Nov 21 2025

Crypto ETFs Hit New Lows: A significant decline in crypto-linked ETFs occurred, with the ProShares Bitcoin Strategy ETF (BITO) dropping 4.2% and reaching a 54% decrease from its 52-week high, as Bitcoin fell below major support levels.
Market Shift to Corrective Phase: Analysts suggest that Bitcoin's slide has transitioned the market from a routine pullback to a deeper corrective phase, impacting various ETFs that track Bitcoin through futures and income strategies.
Potential Bottom for Bitcoin: Some analysts believe Bitcoin may be nearing a local exhaustion point, with predictions of a potential bottom around the $83,000-$85,000 range, despite warnings against emotional buying.
Future Outlook and Institutional Interest: Charles Hoskinson anticipates that the current slump aligns with historical trends and expects Bitcoin to eventually rise to $250,000 by late 2026, supported by increased institutional participation from major firms.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Bitcoin Crash Impacts ETF Market: 5 Funds Reach New Lows as Traders Seek a Bottom

About the author

Top News

Oil Firms Cautious on Venezuela Investment Push

GM Reports $7.1 Billion Charge Amid EV Shift

Stock Market Wraps 2025 with Double-Digit Gains

Novo Nordisk's Weight-Loss Pill Approval: Key Impacts

Related Articles

Infosys Unveils Innovations for Australian Open 2026

Infosys Unveils Innovations for Australian Open 2026

People Also Watch