James Seyffart Estimates Ether ETF Cost Basis Just Below $3,200

Analyst James Seyffart estimated the cost basis for Ether (ETH) held in exchange-traded funds at just below $3,200, giving the market an ETF-specific estimate of the purchase-cost level tied to those holdings. The figure is an estimate associated with ETF holdings. Ethereum is the blockchain network that supports smart contracts and decentralized applications; Ether is the asset referenced by the estimate. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.