Nine Exchange-Traded Funds (ETFs) collectively reduced their Bitcoin holdings by 1,290 BTC, which is equivalent to a decrease of $83.7 million. The main contributor to this reduction was Fidelity, which sold 1,290 BTC from its holdings. Currently, Fidelity holds 168,862 BTC, valued at approximately $10.95 billion. It is worth noting that Blackrock and Grayscale did not provide updates on their Bitcoin holdings on this particular date.
Update as of June 20:
Nine ETFs decreased their Bitcoin holdings by 1,290 BTC, resulting in a decrease of $83.7 million. Fidelity reduced its holdings by 1,290 BTC, translating to a decrease of $83.7 million. Fidelity currently holds 168,862 BTC, valued at $10.95 billion. Blackrock and Grayscale did not provide updates on their latest BTC holdings.
On June 19, the same nine ETFs reduced their Bitcoin holdings by 442 BTC, leading to a decrease of $28.7 million. Grayscale specifically reduced its holdings by 56 BTC, valued at $3.6 million. This reduction brings Grayscale’s total Bitcoin holdings to 280,322 BTC, worth approximately $18.22 billion.
June 18 witnessed a significant decrease, with the nine ETFs collectively reducing their Bitcoin holdings by 2,824 BTC, resulting in a loss of $182.6 million. Fidelity reduced its holdings by 1,377 BTC, equivalent to $89.06 million, bringing its total Bitcoin holdings to 170,152 BTC, valued at $11 billion. Additionally, Grayscale decreased its holdings by 834 BTC, valued at $53.95 million, resulting in a total of 280,378 BTC, worth approximately $18.13 billion.
Over the course of three consecutive days, nine ETFs have significantly reduced their Bitcoin holdings. Fidelity and Grayscale have played a major role in these reductions, while Blackrock’s holdings remained unchanged throughout this period. These reductions highlight a trend of major ETFs decreasing their Bitcoin holdings.
Tags: BTC, ETF