Markets· ★★★· neutral·

CryptoQuant CEO sees $30,000 Bitcoin floor even if ETFs and treasury firms exit

  • —US spot Bitcoin ETFs hold $56.95 billion in cumulative net inflows; public companies own 1.3 million BTC
  • —At $30,000, Bitcoin's MVRV would be about 0.56 versus 0.19 under a $10,000 scenario
  • —Strategy alone holds 848,250 BTC, roughly 65% of all corporate treasury holdings
  • —Bitcoin's realized price stood near $53,855 on Oct. 18
Why it matters: The estimate sets a floor for the institutional era: even a full ETF and corporate exit would not zero out the market, but it shows the scale of the risk.
Source: CryptoSlate