💵 $ETH Ethereum Investors Underwater – Glassnode

Despite the continuous inflows into Ethereum exchange-traded funds, investors are facing losses as the average entry price for BlackRock's ETHA and Fidelity's FETH is $3300 and $3500 respectively – about 21% above the current market price of ETH at $2616.

👉 However, the ongoing inflows into the ETFs reflect strong and increasing institutional interest in Ethereum.