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Investors in BlackRock and Fidelity’s spot Ether ETFs are facing an average unrealized loss of 21%, according to Glassnode. Ether’s current price remains below the ETFs’ cost basis, leaving holders underwater.
- BlackRock’s Ether ETF has a cost basis of $3,300, while Fidelity’s is $3,500—both above ETH’s current price.
- Glassnode’s data reveals widespread unrealized losses among institutional crypto ETF investors.
- Ether’s price volatility contrasts with the long-term expectations tied to spot ETF approvals.
📎 Related coverage from: cointelegraph.com
Other Tags: Fidelity Investments, Glassnode