Spot Bitcoin ETFs have recorded an impressive milestone, accumulating over 900,000 BTC since inception. This achievement coincides with a significant wave of BTC accumulation in July.<\/p>\n
United States BTC ETF holdings have exceeded 900,000 BTC, valued at over $60 billion. Nate Geraci, President of the ETF Store, shared on X that this milestone represents 4.3% of the total BTC supply in the market. Additionally, this holding accounts for 82% of the total BTC held by global BTC ETFs.<\/p>\n
Market data from Farside Investors indicates a surge in demand for Spot Bitcoin ETFs, with an inflow of approximately $2.38 billion within two weeks. The total net inflows since the launch in January 2024 have reached $17 billion.<\/p>\n
Farside Investors data also reveals 11 consecutive days of inflows, with the highest daily inflow of $383.6 million on July 19. BlackRock’s iShares Bitcoin Trust led in inflows, followed by Fidelity Wise Origin Bitcoin Fund in the past two weeks.<\/p>\n
BlackRock’s iShares Bitcoin Trust manages around 325,449 BTC, valued at $21 billion, contributing significantly to the 900,000 BTC milestone achieved by US Spot Bitcoin ETFs.<\/p>\n
Amidst the surge in US Spot Bitcoin ETFs holdings, BTC accumulation has seen a notable increase in July. This growth is likely influenced by a potential reversal in BTC’s bearish trend, prompting heightened demand from investors.<\/p>\n
Reports from ‘Crypto Capex’ on X indicate intensified BTC accumulation in Spot Bitcoin ETFs in July, while the availability of BTC on exchanges decreases.<\/p>\n
Glassnode has reported a significant rise in the BTC accumulation trend, increasing from 0.05 on June 1 to 0.44 by July 10. The number of BTC whales holding at least 1,000 BTC also grew, reflecting a rising demand for BTC in July.<\/p>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Spot Bitcoin ETFs have recorded an impressive milestone, accumulating over 900,000 BTC since inception. This achievement coincides with a significant wave of BTC accumulation in July. Spot Bitcoin ETFs Surpass 900,000 BTC Holdings United States BTC ETF holdings have exceeded 900,000 BTC, valued at over $60 billion. Nate Geraci, President of the ETF Store, shared […]<\/p>\n","protected":false},"author":1,"featured_media":16104,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Spot Bitcoin ETFs Issuer Holdings Reach 900,000 BTC Amid Massive July Accumulation - Bitrabo","description":"Spot Bitcoin ETFs have recorded an impressive milestone, accumulating over 900,000 BTC since inception. This achievement coincides with a significant wave of BT"},"footnotes":""},"categories":[316],"tags":[5432,6364,1182,448,449,2223,506,1608,6385,4953,1927,6386,5890,2020,6384,539],"class_list":["post-16103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-000-btc","tag-6364","tag-accumulation","tag-bitcoin","tag-btc","tag-etfs","tag-holdings","tag-issuer","tag-issuer-holdings","tag-july","tag-massive","tag-massive-july-accumulation","tag-past","tag-spot","tag-spot-bitcoin","tag-surge"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/16103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=16103"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/16103\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/16104"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=16103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=16103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=16103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}