Significant Bitcoin Movements: ETFs and Major Funds Update | Flash News Detail | Blockchain.News
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6/10/2024 5:28:29 PM

Significant Bitcoin Movements: ETFs and Major Funds Update

Significant Bitcoin Movements: ETFs and Major Funds Update

According to @lookonchain, on June 10, nine ETFs collectively acquired 1,805 BTC, valued at approximately $126.12 million. Blackrock notably increased its holdings by 2,437 BTC, worth about $170.24 million, bringing its total to 304,977 BTC, valued at $21.3 billion. Conversely, Grayscale reduced its holdings by 545 BTC, equivalent to $38 million, now holding a total of 285,106 BTC, valued at $19.92 billion. These movements indicate strategic positioning by major funds and ETFs in the Bitcoin market.

Source

Lookonchain

@lookonchain

Looking for smartmoney onchain