Retail investors lost about $17 billion by attempting to invest in bitcoin indirectly through asset management firms.
According to Jinse Finance, citing Bloomberg, retail investors have lost about 1.7 billions USD by indirectly investing in bitcoin through fund management companies such as Metaplanet and Michael Saylor's Strategy. 10X Research stated that these losses stem from excessively high equity premiums, causing share prices to be much higher than the actual bitcoin holdings.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Andrew Kang turns bearish, opens 25x short position with over 10,000 ETH
Current mainstream CEX and DEX funding rates indicate the market remains bearish.
Crypto market sentiment moves out of the "extreme fear" zone, Fear & Greed Index currently at 29
