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Home » Lookonchain Reports Major BTC ETFs Increase Bitcoin Holdings by 86279M
Bitcoin

Lookonchain Reports Major BTC ETFs Increase Bitcoin Holdings by 86279M

By admin2024-06-06没有评论2 Mins Read
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Nine prominent BTC ETFs have recently added a significant number of tokens, according to Lookonchain, a reputable platform for on-chain analytics. The total value of tokens added by these exchange-traded funds amounts to approximately $862.79 million. Bitcoin inflows into spot ETFs have remained positive for the past 15 days, with varying levels of inflows. Lookonchain took to the social media platform X to share detailed information about these ETFs.

In a June 5 update, Lookonchain reported that a total of 12,165 BTC tokens, equivalent to $862.79 million, were added by the 9 ETFs. Blackrock, one of the ETFs, acquired 3,894 BTC tokens, valued at over $276.19 million, bringing their total BTC holdings to 295,457 BTC, worth $20.95 billion. Fidelity, another ETF, added 5,378 BTC tokens, valued at approximately $381.42 million, with a total of 170,611 BTC tokens in their holdings.

Apart from Blackrock and Fidelity, other ETFs included relatively fewer BTC tokens. Lookonchain highlighted the inclusion of 170,611 BTC tokens by one of the exchange-traded funds, amounting to $12.1 billion in value. The analytics platform also shared a chart ranking the 9 ETFs, placing ARK 21Shares Bitcoin ETF in the 3rd position with over 1,968 BTC tokens.

Following ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETF included more than 867 BTC tokens, with a total holding of 37,844 BTC. Invesco Galaxy Bitcoin ETF and Vaneck Bitcoin Trust added 19 and 28 BTC tokens respectively, while Valkyrie Bitcoin Fund included 23 BTC tokens, bringing their total holdings to 8,600 BTC.

Tags: BTC

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