Capriole Investments data shows that currently 77.4% of publicly traded Bitcoin funds hold Bitcoin valued below their cost basis, with 65.6% of these funds holding Bitcoin valued more than 20% below cost. This trend is similar to the situation in May 2022. Notably, MicroStrategy's average purchase price is $75,985, which is more than 12% higher than the current price of approximately $67,600. Meanwhile, after a period of capital outflows, the US spot Bitcoin ETF has recently experienced capital inflows.

BTC3.91%
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