Bitcoin ETFs: Cost Bases Exposed
US spot Bitcoin ETFs hit aggregate cost base of $81.0k, BlackRock IBIT at $80.2k, Fidelity FBTC at $59.3k per April 24 data from Bloomberg.
SourceTraders are buzzing about the latest cost bases for US spot Bitcoin ETFs, with the aggregate sitting at $81.0k as of April 24, 2026. BlackRock's IBIT clocks in at $80.2k, while Fidelity's FBTC trails at $59.3k and Bitwise's BITB at $55.4k, straight from Bloomberg data shared by economist André Dragosch. This reveals how institutional inflows have pushed averages higher amid recent BTC price prediction volatility, echoing the crypto market trends seen in the last six months where ETF launches stabilized sentiment but exposed varying entry points for big players.
On the technical front, Bitcoin trades at $77,535 in this 4-hour window, holding a bullish structure with price above the EMA50 at $76,570.73 and EMA200 at $73,170.24, acting as firm long-term supports that buyers defend aggressively. Yet the MACD flashes a death cross at 329.18, signaling bearish momentum even as RSI hovers neutral at 51.56, and with price squeezing inside Bollinger Bands—upper resistance at $78,952.92 capping upside while lower support at $77,045.5 guards against dips—this confluence points to exhaustion. Expect a tactical pullback testing that EMA50 before bulls reload for the next leg up, especially if BTC ETF inflows sustain amid broader crypto market analysis and Bitcoin hype cycles.
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.