📉 ETH ETF Investors Face 21% Unrealized Losses

Glassnode reports:

🔹 BlackRock ETH ETF avg entry: $3300

🔹 Fidelity: ~$3500

🔻 Current ETH price: $2601 → Avg loss: ~21%

😬 Sentiment around ETH ETFs is turning cautious, as early entrants are deep underwater.

📊 BTC ETF Momentum Stays Strong—But Sentiment Shifts

🔸 Bloomberg: IBIT’s low volatility + steady gains are attracting “digital gold” investors

🔸 Inflows > average for 6 straight weeks

However…

📉 IBIT options skew shifts to neutral

📊 Deribit: Short-term call premiums fading

💡 Takeaway: Momentum investors still like BTC, but the euphoria is cooling post-ATH.

#BitcoinETF #ETHETF #IBIT