Global Bitcoin ETFs surpass 1 million BTC under management

Share This Post

Global ETFs

According to Bold.report data, all Bitcoin exchange-traded funds (ETFs) collectively hold over one million Bitcoin, a milestone first achieved on March 12. These ETFs are distributed across several countries, including the US, Sweden, Hong Kong, Germany, Switzerland, Canada, Brazil, and Australia. US-based ETFs lead the pack, with Grayscale GBTC holding roughly 292,000 BTC, followed by BlackRock IBIT with approximately 280,000 BTC, and Fidelity FBTC at 162,000 BTC. These three giants together hold approximately 734,000 BTC.

Bitcoin held by ETFs: (Source: Bold.report)
Bitcoin held by ETFs: (Source: Bold.report)

US ETFs

Farside data shows that May 24 marked another robust day for US Bitcoin ETFs, with inflows reaching $251.9 million. This continues a streak of ten consecutive trading days of positive inflows into US Bitcoin ETFs. BlackRock IBIT led the pack with an inflow of $182.1 million, bringing their total net inflow to $16.4 billion. Fidelity FBTC followed with a $43.7 million inflow, pushing their total net inflow to $8.7 billion. VanEck HODL also experienced significant activity, recording a $15.6 million inflow, which raised their total net inflow to $525.3 million. Grayscale GBTC reported no inflows or outflows, maintaining a net outflow of $17.6 billion.

BTC ETF Flow Table: (Source: Farside)
BTC ETF Flow Table: (Source: Farside)

Overall, the total net inflows into US Bitcoin ETFs have now reached $13.7 billion, according to Farside data.

The post Global Bitcoin ETFs surpass 1 million BTC under management appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Ripple CEO Sees ‘Incredible’ Crypto Support From Trump Administration

Ripple’s CEO praised the Trump administration’s embrace of crypto, highlighting support for regulatory clarity, crypto reserves, and digital asset innovation backed by US Treasuries

White House: US Lost $17B Dumping Bitcoin—Trump Vows to Never Sell

The White House reported a $17 billion loss from early bitcoin sales In response, Trump established a strategic bitcoin reserve with a “never sell” policy to strengthen US BTC holdings

Coinbase to Hire 1,000 in US—CEO Hails Most Pro-Crypto Congress

Coinbase is adding 1,000 US jobs as Trump’s pro-crypto policies ignite a digital asset boom, with lawmakers racing to pass game-changing legislation before August Crypto Comeback Coinbase Adds

Dogecoin Price Eyes Explosive Rally To $2.74 If Support Holds At $0.17

Dogecoin’s price has struggled to reclaim the $020 level, with the meme coin slipping below this key threshold in recent trading sessions After a brief attempt to push higher, Dogecoin has found

AI Agent Tokens Bleed Amid Sector-Wide Crimson Torrent of Losses

Bitcoin’s steep slide has unleashed chaos across the AI agent sector, where tokens are enduring savage double-digit collapses From VIRTUALS’ 46% nosedive to FARTCOIN’s 30%

Amir Taaki: ‘Crypto Failed to Achieve Its Vision’

Taaki, an OG Bitcoin developer who has criticized the direction the bitcoin and crypto ecosystem is taking, explained that the integration of crypto projects into today’s power networks has