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Bitcoin likely bottomed despite ETF outflows, says Mark Yusko, citing market risks elsewhere.

Market News
14 May 2026
Benzinga
View Source
Bullish
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Mark Yusko, founder of Morgan Creek Capital, believes Bitcoin has likely bottomed near $60,000 despite recent $630 million Bitcoin ETF outflows, which he attributes to institutional arbitrage rather than investor panic. He warns that broader market risks stem from overleveraged AI and equity speculation, record margin debt, and weak GDP growth. Yusko highlights that ongoing global money printing and fiat currency weakening support Bitcoin's long-term bullish case. He also criticizes parts of crypto regulation favoring traditional banks but maintains Bitcoin's value as a hard asset remains strong amid monetary expansion.

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