The methodology used by Glassnode uses price stamping of bitcoin deposits to ETFs for the top three ETF issuers, which provides a rough break-even point for ETF investors. The data suggests, investors in Fidelity’s FBTC has a cost basis of $54,911, Grayscale at $55,943, and BlackRock $59,120.
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James Van Straten
https://www.coindesk.com/markets/2024/10/04/bitcoin-etfs-register-net-outflows-for-third-straight-day/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-10-04 09:12:02