Bitcoin falls below the average cost price for ETF investors, with funds continuing to flow out in a mass exodus.

As the price of Bitcoin plummets like a free fall, the Bitcoin Spot ETF funds continue to face outflow challenges. According to data from Glassnode, the average cost of all ETF fund inflows is approximately $89,600, while Bitcoin has fallen below this level today, indicating that investors are currently facing collective losses.

Bitcoin Spot ETF funds have seen a net outflow for four consecutive weeks.

SoSoValue data shows that Bitcoin Spot ETF has seen net outflows for four consecutive weeks, and there are currently no signs of stopping.

This milestone event highlights the rapid decline of optimism in the cryptocurrency market. Bitcoin surged to an all-time high in early October, but has now fallen by more than thirty percent, with traditional finance defining it as having returned to a technical bear market.

Wall Street's involvement has not eliminated the notorious volatility of cryptocurrencies.

Despite the well-known volatility of cryptocurrencies, this fall still caught Wall Street off guard, given the massive influx of institutional funds into the industry since Trump won the presidential election.

This recent fall is a severe test for both retail and institutional investors. Over the past year, many investors had hoped that cryptocurrencies could bring them more returns, thus riding the wave of the cryptocurrency surge. ETFs have long been regarded as a safer and more regulated way to enter the digital asset space, but the recent decline reminds people that even with Wall Street's involvement, the notorious volatility of cryptocurrencies has not disappeared.

Long-term believer in Bitcoin, Michael Saylor, the founder of MicroStrategy, the pioneer of Bitcoin reserve strategy, has also repeatedly reminded that investing in Bitcoin must have a timeline of at least four years, and be prepared to face its volatility:

If you want to ride the rocket, you must be prepared to endure the acceleration of gravity!

Multiple cryptocurrency ETFs continue to be listed.

This year, billions of dollars have flowed into Bitcoin ETFs, and these products are so popular that issuers have been launching other products besides Bitcoin and Ethereum. According to data compiled by Bloomberg, there are currently over 110 cryptocurrency ETFs trading in the United States, including recently listed Solana, XRP, LTC, and other spot ETFs.

This article states that Bitcoin has fallen below the average cost price for ETF investors, with funds continuously flowing out in a mass exodus, first appearing on Chain News ABMedia.