Nate Geraci reports spot Ethereum ETF investors face steep losses, with average entry cost far exceeding current price after months of market weakness.
ETF Store president Nate Geraci stated that buyers of spot Ethereum ETFs have an average purchase price of $3,500 per ETH, compared to the current price of about $2,100. He characterized the last six months as particularly brutal for these investors, reflecting sustained market weakness and significant unrealized losses.