Bitcoin ETFs Accumulate Significant Amount of BTC, Impact on Market Growth

Thursday, 4 April 2024, 13:48

A group of ten Bitcoin ETFs now collectively hold 507,472.89 BTC, representing 2.57% of the circulating supply. This accumulation signals a growing interest in Bitcoin investment vehicles and their impact on the market.

Bitcoin ETFs Gather More Than 500,000 BTC

The group of ten bitcoin ETFs, excluding Grayscale's Bitcoin Trust GBTC, now encompasses 507,472.89 BTC or 2.57% of the circulating supply.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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