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BitcoinLookonchain reports major BTC ETFs increase Bitcoin holdings by 86279M

Lookonchain reports major BTC ETFs increase Bitcoin holdings by 86279M

Nine prominent BTC ETFs have recently added a substantial amount of tokens, according to Lookonchain, a well-known platform for on-chain analytics. The exchange-traded funds have included tokens worth nearly $862.79 million. Bitcoin inflows into spot ETFs have been consistently positive, with 15 days of variable inflows. Lookonchain took to social media to share details about the ETFs.

In a recent update on June 5, Lookonchain reported that 9 ETFs have included a total of 12,165 BTC, equivalent to $862.79 million. Blackrock added 3,894 BTC, amounting to over $276.19 million, and currently holds 295,457 BTC valued at $20.95 billion. Fidelity added 5,378 BTC, totaling approximately $381.42 million, and currently holds 170,611 BTC valued at $12.1 billion.

In addition to Blackrock and Fidelity, Lookonchain highlighted the inclusion of BTC in other ETFs. ARK 21Shares Bitcoin ETF ranked third, with over 1,968 BTC and a current holding of 49.298 BTC. Bitwise Bitcoin ETF follows with more than 867 BTC and a total of 37,844 BTC in its holdings.

Invesco Galaxy Bitcoin ETF and Vaneck Bitcoin Trust added +19 and +28 BTC respectively. Valkyrie Bitcoin Fund included +23 BTC, bringing its total holding to 8,600 BTC.

Overall, the ETFs have shown significant growth in BTC holdings, indicating a positive trend in Bitcoin investments.

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