US Bitcoin Spot ETFs Hold Over 1.2 Million BTC – Coincu
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Key Points: BlackRock, Fidelity, Grayscale, hold significant Bitcoin via spot ETFs. BlackRock’s IBIT leads with 660,814 BTC. ETF demand exceeds new Bitcoin supply, highlighting strong institutional interest. BlackRock, Fidelity, and Grayscale are significantly impacting the Bitcoin market through their holdings in spot ETFs, reflecting strong institutional interest as of May 31, 2025. The substantial Bitcoin accumulation by major firms like BlackRock’s IBIT, Fidelity’s FBTC, and Grayscale’s GBTC, which collectively hold over 1.2 million BTC, highlights the growing demand for regulated financial products and shows the lasting effects on Bitcoin market dynamics. Leading US Bitcoin Spot ETFs Hold Over 1.2 Million BTC BlackRock, Fidelity, and Grayscale lead in Bitcoin holdings through US spot ETFs, collectively holding over 1.2 million BTC. BlackRock’s IBIT stands at 660,814 BTC, Fidelity’s FBTC holds 198,159 BTC, and Grayscale’s GBTC has 186,622 BTC. This reflects a surge in institutional interest. Institutional demand continues to rise, with interest heavily concentrating in regulated financial products. Daily ETF inflows outpace new Bitcoin mining, pressing upward on BTC prices. The demand surge appears to have kept pace with Bitcoin’s limited supply dynamics. Nate Geraci, President of ETF Store, claims:“That’s why I’ve said spot Bitcoin ETFs are operating with one hand tied behind their backs. Imagine the impact when those restrictions are removed.” The community is keenly observing these dynamics. Bitcoin Spot ETFs: Price Dynamics and Institutional Impact Did you know? The approval of the first US Bitcoin Spot ETF in 2024 led to a significant market shift, comparable to the launch of gold-backed ETFs in the early 2000s, both driving asset price escalations due to increased institutional demand. Bitcoin (BTC) currently trades at $104,361.40 with a market cap of approximately $2.07 trillion, as reported by CoinMarketCap. In the past 90 days, BTC has risen by 22.37%, even as trading volume dropped…
Filed under: News - @ May 31, 2025 2:28 pm