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Spot Bitcoin ETFs Outpace MicroStrategy Holdings, Marking Significant Market Movement
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An unprecedented shift in the cryptocurrency market occurred on Monday as nine traditional asset management firms surpassed MicroStrategy’s Bitcoin holdings through spot Bitcoin ETFs, a report by HODL15Capital confirmed.
Institutional investors are rapidly accumulating Bitcoin, marking a potentially new era of mainstream adoption.
According to a post on X (formerly Twitter) by HODL15Capital, the spot Bitcoin ETF market now holds 216,309 Bitcoin (worth $10.3 billion), representing more than 1% of Bitcoin’s total supply.
The new spot #Bitcoin ETFs hold more $BTC than @saylor ‘s $MSTR
The 9 new ETFs purchased 216,309 Bitcoin (worth $10.3 Billion!!!) in just 20 days
Read more on cryptonews.comAbout this in other media
Daily Bitcoin ETF Trading Volume Surges to $2 Billion, Highest Since Day One cryptonews.com /9 months ago
Spot Bitcoin ETFs Top $3 Billion Net Flows, Shattering Gold ETF Launch; Whales Shift Attention to Celestia and NuggetRush cryptonews.com /9 months ago
U.S. Banks Push SEC For Key Changes In Crypto Regulation Following Spot-Bitcoin ETF Exclusion cryptonews.com /9 months ago
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