Every story we've covered involving spot-etf.
On-chain data from Checkonchain shows the 2025 yearly buyer cohort remains the only group still underwater, with an average purchase price near $88,000. Bitcoin hit a monthly high of about $87,500 in September, then slid below $84,000; the average U.S. spot ETF cost basis sits near $82,300 and could act as support if prices fall further.