Global Bitcoin ETF Management Size Surpasses 1 million BTC
2024-05-27 20:30:33
According to Bold.report, all Bitcoin exchange-traded funds (ETFs) worldwide collectively hold more than 1 million Bitcoin, a milestone that was first achieved on March 12. The ETFs are spread across multiple countries, including the United States, Sweden, Hong Kong, Germany, Switzerland, Canada, Brazil and Australia. ETFs in the United States 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. The three giants together hold around 734,000 BTC.
According to Farside data, total net inflows into U.S. Bitcoin ETFs have now reached $13.70 billion.
According to Farside data, total net inflows into U.S. Bitcoin ETFs have now reached $13.70 billion.
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