Glassnode: Ethereum ETF Investors Average Loss of About 21%
According to a report by CoinTelegraph, as reported by Jinse Finance, crypto analytics firm Glassnode stated in its May 29 report that spot Ethereum ETF investors from BlackRock and Fidelity Investments have an average unrealized loss of about 21%. The current Ethereum price is $2601, while BlackRock's spot Ethereum ETF cost basis is $3300, and Fidelity's is higher at $3500.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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