US spot Bitcoin ETF investors’ average entry price at $84,100…now sitting on an 8–9% paper loss
Summary
- The average entry price for US spot Bitcoin ETFs is around $84,100, the report said.
- With Bitcoin trading around $79,000, ETF-based investors are recording 8–9% unrealized losses, it added.
- Slowing inflows into spot Bitcoin ETFs, a decline in market liquidity, and waning appeal of Bitcoin as a macro hedge asset were cited as factors amplifying downside price pressure.
Forecast Trend Report by Period
Some investors in US spot Bitcoin (BTC) exchange-traded funds (ETFs) have now slipped into negative territory, according to data.
Bloomberg reported on the 2nd (local time) that the average purchase price for US spot Bitcoin ETF investors was calculated at roughly $84,100 per bitcoin. With Bitcoin recently trading around $79,000, ETF-based investors are estimated to be posting unrealized losses of about 8–9%.
The pullback appears to reflect a combination of factors, including slower inflows into spot Bitcoin ETFs, a broader contraction in market liquidity, and Bitcoin losing appeal as a “macro hedge asset” in the current macroeconomic environment.
Bloomberg added that while traditional safe havens such as gold and silver have been gaining, Bitcoin has failed to keep pace, and weakening new inflows via ETFs are intensifying downside pressure on prices.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
