According to Bloomberg, a portion of U.S. spot Bitcoin ETF investors are currently sitting on paper losses. Data shows that ETF-based buyers entered at an average cost of around $84,100 per Bitcoin, implying unrealized losses of roughly 8%–9% at current prices near $79,000. The downturn is primarily attributed to fading ETF inflows, tightening market liquidity, and a decline in Bitcoin’s appeal as a macro hedge asset. https://t.co/VnOIlObwhe ...