VanEck: Current Bitcoin Holdings by Various ETFs, States, and Companies Total About $175 Billion in Value

Various ETFs, countries, and companies currently hold bitcoin worth a total of about $175 billion, VanEck said in a new report.Institutional investors' interest in bitcoin has also increased, VanEck said in the report. Hedge funds, asset managers and endowments are increasingly recognizing the potential of Bitcoin as a store of value.