Since the U.S. election, the average buy-in cost for Bitcoin ETFs has been $97,000, resulting in a cumulative loss of approximately $1.3 billion for investors during this period

ChainCatcher news, according to Standard Chartered's head of digital asset research, Geoff Kendrick, the average purchase price of Bitcoin ETFs since the U.S. elections is approximately $97,000, indicating that investors who entered during this period have incurred cumulative losses of about $1.3 billion.

The total market capitalization of the crypto market has evaporated by $800 billion in the recent crash, with Bitcoin (BTC) dropping 3.6% in a single day to $85,600, and a cumulative decline of 15% over the past month.