Global Bitcoin ETF holds over 1 million BTC
ChainCatcher news, according to CryptoSlate, according to Bold.report data, all Bitcoin exchange-traded funds (ETFs) in the world currently hold a total of more than 1 million Bitcoins.
It is reported that these ETFs are distributed in many countries including the United States, Sweden, Hong Kong, Germany, Switzerland, Canada, Brazil and Australia. US-based ETFs 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. Together, these three giants hold approximately 734,000 BTC.
Total net inflows into U.S. Bitcoin ETFs have now reached $13.7 billion, according to Farside data.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
3 Meme Coins Drawing Serious Whale Attention Right Now
SHIB exchange outflows fall 75%, inflows rise to 398 billion tokens
PayPal Cuts 600 Jobs in India: Is Global Fintech Entering a New Cost-Cutting Era?
Next week's CPI will be the key to victory! Federal Reserve's Waller: Inflation has shown signs of easing, but if data rebounds, will "support rate hikes"
Waller has warned that the August CPI data will be critical in determining his vote in September; if inflation comes in hot, he will consider supporting a rate hike. Currently, policy restriction is "slight," and even a minor rebound could trigger a shift to a hawkish stance. Following his speech, market expectations for a September rate hike eased slightly (by about 13 basis points), U.S. Treasury yields strengthened, and the dollar came under pressure. Differences within the Federal Reserve regarding interest rates and communication strategies have become evident, and the market is now highly focused on the September 11 CPI data.
Crypto prices
More
