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Global Bitcoin ETF holds over 1 million BTC

Global Bitcoin ETF holds over 1 million BTC

ChainCatcher2024/05/27 12:48
By:ChainCatcher

ChainCatcher news, according to CryptoSlate, according to Bold.report data, all Bitcoin exchange-traded funds (ETFs) in the world currently hold a total of more than 1 million Bitcoins.

It is reported that these ETFs are distributed in many countries including the United States, Sweden, Hong Kong, Germany, Switzerland, Canada, Brazil and Australia. US-based ETFs lead the way, with Grayscale GBTC holding around 292,000 BTC, followed by BlackRock IBIT holding around 280,000 BTC and Fidelity FBTC holding 162,000 BTC. Together, these three giants hold approximately 734,000 BTC.

Total net inflows into U.S. Bitcoin ETFs have now reached $13.7 billion, according to Farside data.

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