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Bitcoin ETPs Now Hold Over 1.47 Million BTC, 7% of Total Supply

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Bitcoin exchange-traded merchandise (ETPs) have amassed over 1.47 million BTC, accounting for roughly 7% of the cryptocurrency’s mounted 21 million provide.

Key Takeaways:

  • Bitcoin ETPs now maintain over 1.47 million BTC, with U.S. funds main the buildup.
  • Latest outflows and whale exercise counsel traders are rotating into Ethereum forward of anticipated ETF developments.
  • Analysts count on a sluggish, long-term climb for Bitcoin, with potential short-term volatility round Fed coverage strikes.

The lion’s share sits with U.S.-based ETFs, which collectively maintain greater than 1.29 million BTC throughout 11 funds, in response to fresh data shared by HODL15Capital.

Main the pack is BlackRock’s iShares Bitcoin Belief (IBIT) with 746,810 BTC, adopted by Constancy’s Smart Origin Bitcoin Fund (FBTC), which holds slightly below 199,500 BTC.

World Bitcoin ETPs Add 170,000 BTC in 2025, Value $18.7 Billion

For the reason that begin of the 12 months, world Bitcoin ETPs have added greater than 170,000 BTC to their books, equal to round $18.7 billion.

Nevertheless, that progress seems to be shedding steam. CoinShares information for August exhibits world Bitcoin ETPs skilled web outflows of $301 million, whereas Ethereum funds attracted inflows of $3.95 billion throughout the identical interval.

Investor sentiment has tilted away from Bitcoin in current weeks, with a number of massive holders shifting capital into Ether.

On Monday, one distinguished whale swapped 4,000 BTC for almost 97,000 ETH, bringing their Ether holdings to an estimated $3.8 billion.

Arkham Intelligence reported that 9 whales collectively rotated $456 million from BTC into ETH, probably locking in earnings forward of a seasonal slowdown.

The shift comes at a time when September, traditionally one in every of Bitcoin’s weakest months, is underway.

In the meantime, gold costs have been trending upward, and a focus is rising round upcoming ETF choices involving Solana and XRP.

Some observers see the present Bitcoin lull as a part of an extended, grinding climb. Analyst PlanC recommended the trail to $1 million might not come by explosive rallies however somewhat a “boring and underwhelming” seven-year slog.

Delphi Digital, in the meantime, warned {that a} Fed fee lower might immediate a short-term spike adopted by a steep correction—until value motion stays subdued heading into the choice.

SEC is Reviewing 92 Crypto ETF Purposes

As reported, the US Securities and Alternate Fee (SEC) is currently reviewing 92 crypto ETF applications, in response to Bloomberg Intelligence analyst James Seyffart.

An in depth spreadsheet printed on August 28 exhibits most of those filings, particularly these linked to Solana, XRP, and Litecoin, are dealing with remaining choices by October.

The wave of recent purposes displays rising curiosity in altcoin-focused ETFs and will spark contemporary capital inflows into the crypto market.

Solana and XRP are main the ETF race, with eight and 7 pending purposes respectively. These altcoins now rank as essentially the most focused crypto investments after Bitcoin and Ethereum.

The general depend of pending purposes has climbed quickly, from 72 in April to 92 in August, marking a big uptick in institutional curiosity and regulatory engagement.

As reported, digital asset funding merchandise bounced again final week, drawing in $2.48 billion in inflows after a quick interval of outflows.

The surge pushed August’s whole inflows to $4.37 billion, bringing the year-to-date determine to $35.5 billion.

The put up Bitcoin ETPs Now Hold Over 1.47 Million BTC, 7% of Total Supply appeared first on Cryptonews.

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