Lookonchain, a renowned platform for on-chain analytics, recently reported that nine prominent BTC ETFs have added a substantial number of tokens to their portfolios. The total value of these tokens amounts to approximately $862.79 million. Over the past 15 days, Bitcoin inflows into spot ETFs have remained positive and fluctuating. Lookonchain took to social media to share the details of these ETFs.
In a recent update on June 5th, Lookonchain revealed that the nine ETFs collectively included 12,165 BTC, with Blackrock leading the pack. Blackrock added 3,894 BTC, totaling over $276.19 million, and currently holds 295,457 BTC valued at $20.95 billion. Fidelity followed suit by adding 5,378 BTC, amounting to approximately $381.42 million, and currently holds 170,611 BTC worth $12.1 billion.
Apart from Blackrock and Fidelity, other ETFs included relatively fewer BTC tokens. Lookonchain reported that these ETFs currently hold various amounts of BTC tokens, with values ranging from millions to billions of dollars. The analytics platform also ranked the ETFs, with ARK 21Shares Bitcoin ETF securing the third position after Blackrock and Fidelity.
ARK 21Shares Bitcoin ETF included over 1,968 BTC, while Bitwise Bitcoin ETF added more than 867 BTC to its holdings. Invesco Galaxy Bitcoin ETF and Vaneck Bitcoin Trust also made significant contributions by including 19 and 28 BTC coins respectively. Valkyrie Bitcoin Fund added 23 BTC to its portfolio, bringing its total holdings to 8,600 BTC.
Overall, the addition of these BTC tokens by the nine ETFs signifies a growing interest in Bitcoin and cryptocurrencies within the traditional financial sector. Lookonchain’s insights provide valuable information on the evolving landscape of digital assets in the investment world.