Investors in U.S. spot Bitcoin exchange-traded funds returned to profit in September as Bitcoin climbed about 43% in the third quarter.
Cointelegraph reported on Oct. 16 that holders of U.S. spot Bitcoin ETFs had moved back into profit in September based on unrealized gains and losses.
Bitcoin rose about 43% during the third quarter, helping restore profitability for ETF investors.
The analysis shows how rising Bitcoin prices changed the profitability of spot ETF holders.
