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CoinOtag 2024-07-21 20:24:59

US-Listed Bitcoin ETFs Hold 900,000 BTC, Representing 4.3% of Total Supply

Spot Bitcoin ETFs listed in the United States now hold 900,000 Bitcoins, equivalent to 4.3% of the total Bitcoin supply. The value of assets held by these ETFs is estimated to be around $60 billion, representing 5% of Bitcoin’s total market capitalization, which currently stands at $1.3 trillion. Bloomberg analyst Eric Balchunas highlighted the significance The post US-Listed Bitcoin ETFs Hold 900,000 BTC, Representing 4.3% of Total Supply appeared first on COINOTAG NEWS .

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