Bitcoin’s $80,000-$88,000 Range Puts ETF Cost Basis in Focus

Bitcoin's price range of $80,000 to $88,000 puts the cost basis of U.S. spot Bitcoin ETFs in focus. The average cost basis is about $81,500, while buyers from six to twelve months ago hold an average near $88,000. These levels may act as support or resistance as BTC trades within this range.