[Bitcoin Falls Below U.S. Spot ETF Holding Cost, 'Stress Test' May Arrive Tonight] BlockBeats News, February 2: According to glassnode analyst Chris Beamish, Bitcoin has now fallen below the average cost basis of U.S. spot ETF holders (approximately $84,000), causing ETF buyers to experience unrealized net losses. Chris Beamish stated that this marks the first true stress test for U.S. spot ETF holders. After the U.S. stock market opens, investors will decide whether to buy in or if panic selling will occur. A 'stress test' may arrive tonight.