Bitcoin ETF Investors Underwater as Price Breaks $89.6K Cost Basis

Bitcoin has now retreated below a key cost-basis level, officially pushing U.S. spot Bitcoin ETF investors into the red. Data from Glassnode’s Sean Rose shows the average ETF investor cost basis sits around $89,600, a level Bitcoin broke on Tuesday. The decline means spot ETFs are now holding unrealized losses. Bitcoin ETF Realized Price Now […] Read The Full Article Bitcoin ETF Investors Underwater as Price Breaks $89.6K Cost Basis On Coin Edition.