Spot bitcoin ETF holdings on track to surpass GBTC today The | Crypto ▪︎ Bitcoin ▪︎ Trading ▪︎ News
Spot bitcoin ETF holdings on track to surpass GBTC today
The nine recently approved spot bitcoin exchange-traded funds in the United States are on track to surpass the Grayscale Bitcoin Trust's holdings today. According to K33 Research senior analyst Vetle Lunde, GBTC held 400,186 bitcoins as of yesterday, while the "newborn nine" U.S. spot bitcoin ETFs held 397,847 coins. They also noted that yesterday's net inflow was 6,965 bitcoins. If this continues, they will outgrow GBTC.
