US Holds 638900 BTC Worth Approximately $27 Billion

Bitcoin BTC

Upon the approval and listing of the spot Bitcoin ETF, it garnered significant global attention, marking a pivotal moment for mainstream adoption.

Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On

Renowned analyst Ali Martinez provided insightful data, revealing that the United States currently holds nearly 638,900 BTC, equivalent to approximately $27 billion in market value.

Impressive Data: Grayscale Dominates Spot Bitcoin ETF Holdings

The recent data reveals an impressive landscape, showcasing Grayscale as the leading holder in spot Bitcoin ETFs, boasting 566,973.4051 BTC as of January 19. Grayscale’s pivotal role in establishing Bitcoin ETFs solidified its position as the second-largest commodity ETF, surpassing Silver in the competitive race.

BlackRock and Fidelity: Key Players in Bitcoin Holdings

BlackRock (iBIT) emerges as the second-largest holder, securing a total of 28,622 BTC in its Bitcoin holdings. Following closely, Fidelity Investments (FBTC) claims the third position with a substantial 20,466 BTC held in custody.

Diverse Holdings Among Other Issuers

Other notable issuers in the space include Bitwise (BITB) with holdings of 8,294 units, Ark/21Shares (ARKB) managing a total of 7,565 BTC, and Invesco/Galaxy (BTCO) maintaining holdings amounting to 1,871 BTC. The diverse distribution of holdings among various issuers highlights the evolving landscape of Bitcoin in the ETF market.

Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

Centered JavaScript


Join Cryptos Headlines Community

Follow Cryptos Headlines on Google News


  • Salim

    "Salim is a news writer at CryptosHeadlines who creates excellent, well-optimized content to ensure user satisfaction. He is skilled in forecasting News About Cryptocurrency Market & blockchain Industry."

    View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *