Bitcoin spot ETFs are currently trading with an average cost basis around $82,500. Among major players, BlackRock's IBIT (iShares Bitcoin Trust) shows a cost basis of $80,500, positioning it below the market average. This spread reflects different entry points and portfolio management strategies across various Bitcoin ETF providers in the market.
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LeverageAddict
· 01-10 15:01
BlackRock's move this time is quite skillful; the $80.5k cost is a bit below the average line. If this price difference is amplified with leverage... hee hee
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PrivateKeyParanoia
· 01-10 15:01
BlackRock's move... entering at a price much lower than the average line, this guy really knows how to buy the dip.
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NotFinancialAdviser
· 01-10 15:00
BlackRock is buying in at low levels again. These institutions really know how to pick the right timing.
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SmartContractPhobia
· 01-10 14:53
BlackRock's move is impressive, buying in at $80.5k, two points below the average line. This trick has been well understood for a long time.
Bitcoin spot ETFs are currently trading with an average cost basis around $82,500. Among major players, BlackRock's IBIT (iShares Bitcoin Trust) shows a cost basis of $80,500, positioning it below the market average. This spread reflects different entry points and portfolio management strategies across various Bitcoin ETF providers in the market.