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
Lighter TGE Hot Topic: Disagreements Arise Over TGE Timing and Long-term Positioning
Artemis co-founder: Solana will be the most widely used blockchain in 2025
UXLINK partners with NOFA to connect real-world social interactions with autonomous finance