Bitcoin’s ($BTC) latest downturn has stunned the ETF investors with notable losses. At the same time, the price of Bitcoin ($BTC) is till below the realized price thereof. As per the data from the CryptoQuant analyst, J.A. Maartunn, there is a notable divergence between Bitcoin’s ETF realized price, ETF MVRV ratio, and spot price. Hence, the top cryptocurrency has gone through a sharp plunge after peaking last year.
Bitcoin ETF Holders Go Through 10% Losses as Price Dips Below ETF Realized Price
Based on the market data, those holding Bitcoin ($BTC) ETFs have experienced significant losses. Particularly, these holders are now accounting for an average 10% loss. This comes at a time when $BTC’s price has dropped below the ETF realized price. This indicates a sheer decrease, raising concerns among the traders. In addition to this, the leading cryptocurrency’s ETF realized price ratio is reportedly moving near the 0.9 mark. Keeping this in view, the ETF inflows that took place during the mid-2025 rally of Bitcoin have now turned into unrealized losses.
ETF Downturn Reflects Spot Price Drop Amid Rising Pressure
According to the CryptoQuant analyst, the 10% loss of Bitcoin ETF holders aligns with the staggering correction of the spot price of $BTC. While long-term holders may consider this as included in the cyclical volatility of Bitcoin, short-term ETF market participants are currently going through a massive pressure. However, whether this trajectory continues or paves the way for a pullback remains to be seen, making the next few days crucial to gauge market momentum. Thus, the market onlookers and traders are keenly watching the market trajectory, while the top crypto asset is struggling to return to its higher price levels.