The August Bitcoin Monthly Report from Ark Invest revealed that the base cost of U.S. spot Bitcoin ETF investors was higher than the spot price of Bitcoin at the end of August. This implies that many ordinary ETF investors may be facing losses on their investments.
This situation could be attributed to various factors, including the volatility of the Bitcoin market and the potential for short-term price fluctuations. It’s important for investors to carefully consider their risk tolerance and investment goals before investing in Bitcoin ETFs.
