Still couldn’t find the average holding cost of the ETH spot ETF, but today I saw a Bloomberg article saying the average cost of the U.S. ETH spot ETF is around $3,500. This cost is nearly 10% higher than my estimate of $3,200, and the ETH spot ETF started on July 22, 2024. At that time, the price was around $3,500. Except for some investors in April 2025, almost everyone else is at a loss. Even so, the U.S. ETH spot ETF still holds 5,826,299 Ethereum, which is an increase of 2,759,563 compared to the opening. It’s clear that traditional investors have a serious lack of confidence in cryptocurrencies, but selling is still not the primary choice for these holders. The peak holdings of the ETH spot ETF were on October 8, 2025, at 6,943,333 Ethereum. Since then, they’ve reduced holdings by 1,117,034, which is 16.09%. @bitget VIP, lower fees, crazier perks.