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  • A.R.T Digital Team

9 New Bitcoin ETFs Surpass GBTC by Accumulating 450,000 BTC Worth Over $30B


bitcoin

The latest statistics on bitcoin reserves from the nine new spot bitcoin exchange-traded funds (ETFs) reveal they currently possess 453,503.98 bitcoins, valued at approximately $30.29 billion based on the current exchange rates.


The 9 New ETFs Hold Nearly a Half Million Bitcoin


Since their inception on Jan. 11, 2024, these nine spot bitcoin ETFs have rapidly accumulated a significant amount of bitcoin (BTC), with projections indicating they will soon surpass the half-million mark. As of March 17, 2024, their collective holdings amount to 453,503.98 BTC, valued at $30.29 billion. Leading the pack is Blackrock’s IBIT, with a massive holding of 228,612.98 BTC, valued at $15.27 billion, representing 50.41% of the total 453,503.98 BTC held.


Source - Bitcoin.com

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