9 New Bitcoin ETFs Accumulate $1.3 bn In BTC
Nine new spot bitcoin ETFs have gathered over $1.3 billion in just six days, with Blackrock’s IBIT leading with a reserve of 242,829 BTC, valued at $15.6 billion.
Fidelity’s FBTC holds 135,741.06 BTC worth $8.7 billion, making up 28.61% of the total bitcoin stash. Ark Invest’s ARKB and Bitwise’s BITB own 40,213 BTC and 30,292 BTC, respectively.
Vaneck’s HODL ranks fifth with 8,116 BTC valued at $524.6 million. Valkyrie’s BRRR holds 6,930 BTC, followed by Invesco’s BTCO, Franklin Templeton’s EZBC, and Wisdomtree’s BTCW. Seven out of the nine ETFs opt for Coinbase Custody for bitcoin storage.
(With inputs from Shikha Singh)
You need to login in order to Like
