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Analysis

Bitcoin Spot ETF Holdings Increase by 3,301 BTCs on February 22 Alone, Demonstrating the Role of Institutional Investors

According to LookOnChain, the BTC holdings of eight U.S.-traded bitcoin spot ETFs increased by approximately 3,301 BTC on February 22nd alone. BlackRock's ETF added 1,891 BTC, while Grayscale's GBTC saw its bitcoin holdings drop by 2,652 BTC on the day. Meanwhile, JPMorgan noted that "retail...

spotedcrypto

by spotedcrypto

Feb 23, 2024

1 min read

blockchain crypto cryptocurrency btc etf gbtc (SpotedCrypto)

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