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BlackRock and Grayscale ETFs’ Bitcoin holdings now account for nearly 3% of the current BTC circulation

BlackRock and Grayscale ETFs’ Bitcoin holdings now account for nearly 3% of the current BTC circulation

CointimeCointime2024/08/27 13:22
By:Cointime

Following an increase in inflows over the past week, asset management companies BlackRock and Grayscale currently hold nearly 3% of Bitcoin's circulating supply in their US spot Bitcoin ETFs. Data shows that BlackRock's iShares Bitcoin Trust (IBIT) currently holds 357,736.76150 BTC, while Grayscale's GBTC holds 227,712.3295 BTC. In addition, Grayscale also holds 5,962 BTC in its Digital Large Cap Fund and 32,692.0926 BTC in its Grayscale Bitcoin Mini Trust.

0

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.

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