Major Bitcoin ETFs Increase Bitcoin Holdings by 86279M According to Lookonchain Reports

Lookonchain Reports: 9 BTC ETFs Add 12,165 Tokens
According to Lookonchain, a platform specializing in on-chain analytics, the most notable nine BTC exchange-traded funds have recently incorporated a significant amount of tokens, totaling approximately $862.79 million. Over the past 15 days, there has been a positive trend in Bitcoin inflows into spot ETFs, with varying amounts. The platform took to social media to share details about these ETFs.
In a post dated June 5th, Lookonchain disclosed that a total of 12,165 $BTC tokens have been added by these nine ETFs. Notably, Blackrock acquired 3,894 $BTC tokens, equivalent to over $276.19 million, and currently holds 295,457 $BTC, valued at $20.95 billion. Fidelity, another major player, added 5,378 $BTC tokens, amounting to approximately +$381.42 million, and currently holds 170,611 $BTC tokens, worth $12.1 billion.
Aside from Blackrock and Fidelity, the other ETFs included relatively fewer BTC tokens. Lookonchain revealed that the third-ranked ARK 21Shares Bitcoin ETF added over 1,968 BTC, bringing its total holdings to 49.298 Bitcoin. Bitwise Bitcoin ETF followed closely, incorporating more than 867 BTC, resulting in a total of 37,844 BTC tokens in its possession.
In addition, Invesco Galaxy Bitcoin ETF and Vaneck Bitcoin Trust included +19 and +28 BTC coins respectively. The Valkyrie Bitcoin Fund reportedly added +23 BTC to its holdings, bringing its current total to 8,600 BTC.
Tags: BTC