Average Ethereum ETF Investor Faces 21% Loss Amid Market Volatility

Average Ethereum ETF Investor Faces 21% Loss Amid Market Volatility

Investors in spot Ethereum exchange-traded funds (ETFs) offered by BlackRock and Fidelity Investments are currently facing significant unrealized losses, according to a recent report by crypto analytics firm Glassnode. The average investor is approximately 21% underwater, with BlackRock's ETF having a cost basis of $3,300 and Fidelity's at $3,500, while Ether (ETH) is trading around $2,601. The decline in Ether's price is attributed to v...

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