November 22, 2024

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New Bitcoin ETFs and Grayscale Control a Combined 4% of BTC Supply, Valued at $53 Billion

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New Bitcoin ETFs and Grayscale Control a Combined 4% of BTC Supply, Valued at  Billion
New Bitcoin ETFs and Grayscale Control a Combined 4% of BTC Supply, Valued at  BillionThe latest figures reveal that the nine new spot bitcoin exchange-traded funds (ETFs) now control 390,525.3 bitcoins, valued at just over $26 billion at current market rates. These nine ETFs are rapidly approaching the holdings of Grayscale’s Bitcoin Trust (GBTC), which presently has 405,713.31 bitcoins in its possession. Emerging Bitcoin ETFs Challenge Grayscale’s Reign Collectively, […]