Bitcoin ETFs Now Hold Over a Million BTC as Dominant BlackRock Hits New Peak - Decrypt
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Bitcoin ETFs Now Hold Over a Million BTC as Dominant BlackRock Hits New Peak Bitcoin ETFs took in almost $900 million Wednesday—nearly all to BlackRock—as the U.S. funds now collectively hold over 1 million BTC. On a key date in Bitcoin’s history, spot Bitcoin ETFs are writing a new chapter, as allo
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- 📈 Bitcoin ETFs have surpassed 1 million BTC in total holdings, marking a significant milestone.
- 💰 On Wednesday alone, these ETFs attracted nearly $900 million, primarily directed to BlackRock.
- 🚀 The total inflows into Bitcoin ETFs since their approval in January have reached $24.2 billion.
- 🔑 This surge in interest highlights a pivotal moment in Bitcoin's history, with spot ETFs gaining traction.
- 🏦 BlackRock continues to dominate the Bitcoin ETF market, solidifying its position as a key player in the crypto space.
Top Highlights
- Bitcoin ETFs Now Hold Over a Million BTC as Dominant BlackRock Hits New Peak
- Bitcoin ETFs took in almost $900 million Wednesday—nearly all to BlackRock—as the U.S. funds now collectively hold over 1 million BTC.
- On a key date in Bitcoin’s history, spot Bitcoin ETFs are writing a new chapter, as allocations to the asset crossed a critical threshold on accelerating interest from investors. Spot Bitcoin ETFs pulled in $893 million Wednesday, per data from Farside Investors, pushing the funds' collective Bitcoin holdings to over 1 million BTC. The Wall Street...
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