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

source-logo  blockchainreporter.net 06 June 2024 02:25, UTC
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The prominent nine $BTC ETFs have recently included a significant amount of tokens. As per Lookonchain (a well-known platform for on-chain analytics), the respective exchange-traded funds have added worth of nearly $862.79 million with these tokens. Bitcoin inflows into spot ETFs have been positive for a long period now as 15 days have past with variable inflows. The analytics platform took to social media forum X to provide the details about the respective ETFs.

Jun 5 Update:

9 ETFs added 12,165 $BTC($862.79M).#Blackrock added 3,894 $BTC(+$276.19M) and currently holds 295,457 $BTC($20.95B).#Fidelity added 5,378 $BTC(+$381.42M) and currently holds 170,611 $BTC($12.1B).https://t.co/CteFrs7Jck pic.twitter.com/aDr5Ijo83t

— Lookonchain (@lookonchain) June 5, 2024

9 ETFs Include 12,165 $BTC, Says Lookonchain

In its recent post, the company noted that Blackrock obtained a significant position in this respect. According to the analytics provider, the exchange-traded fund added approximately 3,894 $BTC tokens. These coins account for a huge amount of more than $276.19 million. Apart from that, it also revealed the present $BTC holdings of the ETF.

It mentioned that the exchange-traded fund possesses up to 295,457 $BTC tokens. These coins equal a handsome amount of nearly $20.95 billion. Following that, Lookonchain discussed Fidelity and its fund inclusion. It asserted that the exchange-traded fund incorporated up to 5,378 $BTC tokens. These tokens reportedly equal a worth of approximately +$381.42 million.

ETFs Other Than Blackrock and Fidelity Include Relatively Less $BTC

Lookonchain added that the respective exchange-traded fund holds almost 170,611 $BTC coins at the moment. It also brought to the front that the respective tokens equal $12.1 billion in terms of worth. In addition to this, the analytics forum also shared a chart providing the details about the 9 exchange-traded funds. Following Blackrock and Fidelity, the analytics platform ranked ARK 21Shares Bitcoin ETF in the 3rd place.

The exchange-traded fund reportedly included above 1,968 $BTC. Currently, it owns nearly 49.298 Bitcoin. Bitwise Bitcoin ETF occupies the next spot with the inclusion of more than 867 $BTC. At present, the exchange-traded fund has 37,844 $BTC tokens in its holdings.

Invesco Galaxy Bitcoin ETF and Vaneck Bitcoin Trust account for the inclusion of +19 and +28 $BTC coins respectively. Valkyrie Bitcoin Fund has reportedly included +23 $BTC with its current holding reaching 8,600 $BTC.

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