- Lookonchain highlighted that nine ETFs added 1,352 BTC to their holdings.
- The iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund received significant inflows.
- Grayscale Bitcoin Trust experienced an outflow of 15,098 BTC.
The latest update from April 1, shared by Lookonchain, an on-chain analytics firm, has put a spotlight on the Bitcoin ETF market, particularly noting the lack of update from Grayscale on its Bitcoin holdings.
Despite this, it was revealed that nine ETFs, including Grayscale, managed to collectively add 1,352 BTC to their assets, which marked a significant increase in their market value by about $92.3 million. This move underscores a dynamic period of activity within the crypto ETF space, showcasing the continuous investment inflow and adjustments in the holdings of these funds.
Apr 1 Update:#Grayscale has not updated the $BTC holdings on the website.9 ETFs(Including #Grayscale) added 1,352 $BTC(+$92.3M). https://t.co/1C5AfQZ9sg pic.twitter.com/FTRwHxhTCV
— Lookonchain (@lookonchain) April 1, 2024
This occurrence stands out as it showcases the deep trust and interest that investors have in Bitcoin ETFs. For instance, the iShar…
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