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.
First Mover Americas: Bitcoin Trades Around $91K as ETF Inflows Remain Strong
November 16, 2024
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