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‘The Nine’, the name given to the nine new spot Bitcoin ($BTC) exchange-traded funds (ETFs) approved in the US in January, now holds more than 220,000 $BTC under management. The data is presented by on-chain data firm Arkham Intelligence.
BlackRock’s IBIT ETF is responsible for the majority of Bitcoins accumulated by those funds, with over 130,000 $BTC under management, equivalent to almost $7,4 billion. Over the last 24 hours, BlackRock added more 3,281.17 $BTC to its address. $ARK Invest’s ARKB 21Shares holds 31,465 $BTC, which is close to $1.8 billion, making it the second largest spot Bitcoin ETF by $BTC under management.
Bitwise’s BITB holds 23,799 $BTC, which translates to over $1.3 billion. It received 681.526 $BTC from FalconX over the last 24 hours.
Fidelity’s FBTC also has over $1 billion in Bitcoin, with 20,275 $BTC under management. Its wallets received 2,325 $BTC from Coinbase in the past 24 hours, and 1,185 $BTC from a Cumberland address.
Invesco’s BTCO is distant from the first four ETFs listed, with 6,140 $BTC under management, which is close to $350 million. It received 80 $BTC from Coinbase in the last 4 hours, and the amount was transferred to a fresh wallet almost instantly.
The HODL Bitcoin ETF, managed by VanEck, received over 113 $BTC from Gemini in the last hour. The ETF now sits at 4,130 $BTC under management, surpassing $230 million.
The last transfer directed to Valkyrie’s BRRR fund happened four days ago, with 22.681 $BTC sent from Kraken. BRRR’s Bitcoins under management stand at 3,106 $BTC, or $176 million.
The EZBC spot Bitcoin ETF, from asset manager Franklin Templeton, has accumulated 2,088 $BTC over the past two months, with almost $120 million under management. BTCW, managed by WisdowTree, is the smallest of the nine ETFs, holding 690.367 $BTC.