Ethereum ETF Investors Face Challenges as Prices Decline

Nate Geraci, President of The ETF Store, disclosed that investors purchasing spot Ethereum ETFs have an average cost basis of $3,500 per ETH. According to NS3.AI, Ethereum's current price has dropped to $2,100, indicating a weak performance over the past six months. This price disparity underscores the difficulties Ethereum investors encounter in the ETF market amid ongoing bearish trends.