Here are some key Bitcoin ETF data points: 🔸Launched: 20 days ago 🔸Total Holdings: ~641K BTC 🔸Share of BTC Supply: 3.28% 🔸Top 1 - Grayscale: went from ~617K to ~487K BTC 🔸Top 2 - BlackRock reached: ~57,500 BTC 🔸Top 3 - Fidelity reached: ~56,500 BTC 🔸Overall net increase: 24K BTC ($1B)
How happy are you with these results so far?
10 sats \ 0 replies \ @JohnB 1 Feb
Over 3% of supply in less than a month. From a pure price perspective, I'm pretty happy with that. With the FTX sells and the GBTC bleed nearing completion, I'm thinking we are sideways and up for the rest of the year.
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641K KYC Bitcoins! What should make me happy about this?
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