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Major BTC ETFs Add $862.79M in Bitcoin Holdings, Reports Lookonchain

Major BTC ETFs have recently acquired a significant amount of Bitcoin tokens, adding approximately $862.79 million worth of tokens to their holdings. This positive inflow of Bitcoin into spot ETFs has been consistent over the past 15 days. Lookonchain, a well-known platform for on-chain analytics, shared this information on social media, providing details about the ETFs.

Among the ETFs, Blackrock stands out with its acquisition of about 3,894 Bitcoin tokens, totaling over $276.19 million. The company currently holds a substantial 295,457 Bitcoin, equivalent to $20.95 billion. Fidelity, another prominent player, added 5,378 Bitcoin tokens worth approximately $381.42 million, bringing their total holdings to 170,611 Bitcoin.

Other ETFs, excluding Blackrock and Fidelity, have acquired relatively smaller amounts of Bitcoin. Lookonchain revealed that these ETFs hold around 170,611 Bitcoin, valued at $12.1 billion. The analytics platform also ranked the ETFs, placing ARK 21Shares Bitcoin ETF in third place, with over 1,968 BTC in its holdings. Bitwise Bitcoin ETF follows with over 867 BTC, and Invesco Galaxy Bitcoin ETF and Vaneck Bitcoin Trust have included 19 and 28 BTC respectively. Valkyrie Bitcoin Fund holds 23 BTC, with their total holdings reaching 8,600 BTC.