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Bitcoin ETFs Hold 1 Million BTC, 5% of Total Supply
The post Bitcoin ETFs Hold 1 Million BTC, 5% of Total Supply appeared on BitcoinEthereumNews.com. Bitcoin exchange-traded funds (ETFs) have reached a significant milestone. They now hold over 1 million BTC, representing nearly 5% of Bitcoin’s total supply. Grayscale and BlackRock, with their substantial BTC assets, are leading this sector, highlighting the growing institutional interest in cryptocurrency investments. Bitcoin ETFs Hold Over 1 Million BTC As of May 23, ETF holdings totaled 1,057,039 BTC. Grayscale’s GBTC leads with over 291,000 BTC, followed closely by BlackRock’s IBIT with 279,500 BTC. Recent data from Arkham Intelligence shows increases: GBTC now holds 293,000 BTC, while IBIT owns 284,526 BTC. Read more: How To Trade a Bitcoin ETF: A Step-by-Step Approach TOTAL BITCOIN HELD BY ETFS. Source: The BOLD Report Outside the US, Germany-based BTC Bitcoin Exchange Traded Crypto (BTCE) is the largest holder with 22,490 BTC. Swedish ETFs, Bitcoin Tracker Euro (COINXBE) and Bitcoin Tracker One (COINXBT) manage 17,830 BTC and 14,580 BTC, respectively. Seven newly launched Bitcoin ETFs in Hong Kong collectively own 5,789 BTC, though investor interest still needs to be paid. Hashdex, a key player in the ETF market, holds over 7,900 BTC through its HASH11 fund in Brazil. The company’s influence extends to the US with its Bitcoin ETF, DEFI, which has 185 BTC. US ETFs Dominate the Market The data clearly shows that US ETF issuers are leaving asset managers from other countries far behind. Michael Saylor, a prominent Bitcoin advocate, highlighted these holdings. On May 24, US ETFs held 855,619 BTC, while global ETFs held 1,002,343 BTC. “32 Bitcoin Spot ETFs now hold ~1 Nakamoto of $BTC,” he stated. Assets under management data for US ETFs shows Grayscale remains dominant despite a slight decline in market share. BlackRock and Fidelity maintain steady market shares. Other players like WisdomTree, Franklin Templeton, Valkyrie, VanEck, Invesco, Bitwise, and 21Shares hold minimal market shares, demonstrating slight variation. Read more: Bitcoin Price…
The post Bitcoin ETFs Hold 1 Million BTC, 5% of Total Supply appeared on BitcoinEthereumNews.com.
Bitcoin exchange-traded funds (ETFs) have reached a significant milestone. They now hold over 1 million BTC, representing nearly 5% of Bitcoin’s total supply. Grayscale and BlackRock, with their substantial BTC assets, are leading this sector, highlighting the growing institutional interest in cryptocurrency investments. Bitcoin ETFs Hold Over 1 Million BTC As of May 23, ETF holdings totaled 1,057,039 BTC. Grayscale’s GBTC leads with over 291,000 BTC, followed closely by BlackRock’s IBIT with 279,500 BTC. Recent data from Arkham Intelligence shows increases: GBTC now holds 293,000 BTC, while IBIT owns 284,526 BTC. Read more: How To Trade a Bitcoin ETF: A Step-by-Step Approach TOTAL BITCOIN HELD BY ETFS. Source: The BOLD Report Outside the US, Germany-based BTC Bitcoin Exchange Traded Crypto (BTCE) is the largest holder with 22,490 BTC. Swedish ETFs, Bitcoin Tracker Euro (COINXBE) and Bitcoin Tracker One (COINXBT) manage 17,830 BTC and 14,580 BTC, respectively. Seven newly launched Bitcoin ETFs in Hong Kong collectively own 5,789 BTC, though investor interest still needs to be paid. Hashdex, a key player in the ETF market, holds over 7,900 BTC through its HASH11 fund in Brazil. The company’s influence extends to the US with its Bitcoin ETF, DEFI, which has 185 BTC. US ETFs Dominate the Market The data clearly shows that US ETF issuers are leaving asset managers from other countries far behind. Michael Saylor, a prominent Bitcoin advocate, highlighted these holdings. On May 24, US ETFs held 855,619 BTC, while global ETFs held 1,002,343 BTC. “32 Bitcoin Spot ETFs now hold ~1 Nakamoto of $BTC,” he stated. Assets under management data for US ETFs shows Grayscale remains dominant despite a slight decline in market share. BlackRock and Fidelity maintain steady market shares. Other players like WisdomTree, Franklin Templeton, Valkyrie, VanEck, Invesco, Bitwise, and 21Shares hold minimal market shares, demonstrating slight variation. Read more: Bitcoin Price…
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