PiCK

BTC Spot ETF Holds 100,000 BTC... 5.33% of Issued Volume

Bloomingbit Newsroom

Summary

According to CryptoQuant's analysis, the US Bitcoin Spot ETF accounts for 5.33% of the total BTC supply.
The holdings of the BTC Spot ETF increased from 6.29 million BTC in January to 10.54 million BTC, accounting for 5.33% of the supply.
It was analyzed that if the US chooses BTC as a strategic reserve asset in the future, the volume entering through the Spot ETF is likely to increase further.

CryptoQuant analyst Mac_D analyzed that "the US Bitcoin Spot ETF accounts for 5.33%% of the total BTC supply." He stated, "The BTC Spot ETF held 6.29 million BTC last January, but the current holdings have increased by 4.25 million BTC to 10.54 million BTC. This is 5.33%% of the total BTC issued volume. If the US strategically selects BTC as a reserve asset in the future, the volume entering through the Spot ETF is likely to increase further. As the holdings of the BTC Spot ETF increase, the price is also expected to strengthen."