Here is How Much Bitcoin U.S. ETFs Hold

Bitcoin has been on the road to recovery after a price slump to around $53,000 - and spot BTC ETFs have been recording significant inflows.

ETFs in the U.S. currently hold 900,000 Bitcoins, representing 4.3% of the total Bitcoin supply, according to Nate Geraci, president of The ETF Store.

With assets totaling around $60 billion, these ETFs control about 5% of Bitcoin’s market value, which is presently $1.3 trillion. Since their introduction in January, Bitcoin ETFs have attracted $17 billion in net inflows.

Bloomberg analyst Eric Balchunas highlighted the significance of these figures, noting that Bitcoin ETFs saw $17 billion in net flows since the year’s start, independent of Bitcoin’s price rise. This reflects genuine demand and adoption, devoid of false data.

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Why Bitcoin Continues to Outshine Other Cryptocurrencies

In related developments, prominent U.S. ETF issuers, including BlackRock, Fidelity, Grayscale, and Bitwise, revealed fee structures for upcoming spot Ethereum ETFs.

Most issuers, like BlackRock, set fees at 0.25%, while Grayscale’s Ethereum Trust fee is notably higher at 2.5%. Grayscale also plans to launch a Mini Ethereum ETF with an additional 0.15% fee.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.