Bitcoin Spot ETF Holdings Reach All-Time High

Source
Son Min

Summary

  • It was announced that the BTC holdings of US Bitcoin spot ETFs have reached a record high of 1.75 million coins.
  • The increase in BTC holdings by ETFs is reported as an important indicator reflecting market investor sentiment.
  • It was also stated that there was a net outflow of $523.3 million from Bitcoin spot ETFs the previous day.

The amount of BTC held by Bitcoin (BTC) spot Exchange Traded Funds (ETFs) has reached an all-time high.

On the 20th (local time), a CryptoQuant contributor from Crypto Onchain shared on X (formerly Twitter), "The US Bitcoin spot ETFs have reached a historic milestone" and added, "ETFs now hold 1.75 million BTC, which is the largest amount ever recorded."

Meanwhile, the previous day, Bitcoin spot ETFs saw a net outflow totaling $523.3 million.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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