Spot Bitcoin ETFs Scoop Up $6.5B in BTC as GBTC Market Share Slips
Nine new spot Bitcoin ETFs have accumulated over 150,000 BTC ($6.5 billion) in assets under management, excluding Grayscale's GBTC fund. These ETFs include BlackRock, Fidelity, Bitwise, Ark 21Shares, Invesco, VanEck, Valkyrie, Franklin Templeton, and WisdomTree. GBTC's market share has slipped from 63.9% on January 17th to 36.4% today.
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Spot Bitcoin ETFs Scoop Up $6.5B in BTC as GBTC Market Share Slips
Nine new spot Bitcoin ETFs have accumulated over 150,000 BTC ($6.5 billion) in assets under management, excluding Grayscale's GBTC fund. These ETFs include BlackRock, Fidelity, Bitwise, Ark 21Shares, Invesco, VanEck, Valkyrie, Franklin Templeton, and WisdomTree. GBTC's market share has slipped from 63.9% on January 17th to 36.4% today.