Spot Bitcoin ETFs Other Than GBTC Hold More BTC Than MicroStrategy
Spot Bitcoin ETFs other than GBTC now own more than 192,000 BTC, surpassing MicroStrategy's holdings. As of 5 February, MicroStrategy holdings totalled 190,000. Over the past month, GBTC in shades of grey has been reducing its BTC holdings due to profit-taking or seeking to reduce fees, and as of yesterday, the fund held just over 470,000 bitcoins, with the data showing that all U.S. spot bitcoin ETF issuers and MicroStrategy hold 4% of the current number of bitcoins in circulation.
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
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.
Trending news
MoreCrypto prices
More
