Ethereum ETF Losses Soar as Investors Face $21% Average Drop

Despite recent price gains for Ethereum, a majority of investors in spot-based Ethereum exchange-traded funds (ETFs) from BlackRock and Fidelity Investments are suffering substantial losses, according to a new report by blockchain analytics firm Glassnode. The average investor holding an ETF position is down around -21%, highlighting the ongoing volatility and challenges faced by institutional crypto adoption.