Quick Take

BlackRock’s recent filing for a spot Bitcoin ETF sparked a wave of interest among other institutions, prompting them to file for their own spot ETFs.
The Purpose Bitcoin ETF (BTCC.B), a physically settled, cold-storage Bitcoin ETF listed on the Toronto Stock Exchange in Canada, also witnessed a renewed interest and resurgence.
The ETF’s current holdings of Bitcoin now stand at 24,705 BTC, marking a year-to-date high.
This upward trend is encouraging for investors, as it indicates a potential resurgence in investor confidence and a renewed interest in purchasing Bitcoin through exchange-traded products.
Date
Purpose Bitcoin ETF Holdings(BTC)
26 June 2023
24705
23 June 2023
23649
22 June 2023
23360
21 June 2023
23189
20 June 2023
22961
19 June 2023
22909
16 June 2023
22903
15 June 2023
22851
14 June 2023
22740
13 June 2023
22740
12 June 2023
22751
09 June 2023
22757
08 June 2023
22772
07 June 2023
22769
06 June 2023
22777
05 June 2023
22705
02 June 2023
22677
01 June 2023
22719
Purpose BTC ETF Holdings: (Source: Glassnode)

The post Investors flock to Purpose Bitcoin ETF appeared first on CryptoSlate.

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Filed under: Bitcoin - @ June 27, 2023 9:22 am