Plunge

Bitcoin ETF

<p>The top nine exchange-traded funds have recently witnessed a significant plunge in terms of BTC holdings. As per Lookonchain (a well-known on-chain analytics platform) the prominent 9 ETFs have gone through a decrease of up to 214 *BTC*. The analytics platform brought to the front this development on its official account on X.</p>
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   <p lang="en" dir="ltr">Jun 26 Update:<br><br>9 ETFs decreased 214 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>(-$13.24M).<a href="https://twitter.com/hashtag/Grayscale?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Grayscale</a> decreased 1,539 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>(-$95M) and currently holds 276,395 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>($17.07B).<a href="https://twitter.com/hashtag/Fidelity?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Fidelity</a> added 765 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>(+$47.27M) and currently holds 167,528 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>($10.35B).<a href="https://t.co/eu3Hyhuwzy" target="_blank" rel="noopener noreferrer nofollow">https://t.co/eu3Hyhuwzy</a> <a href="https://t.co/2P27hhTQsD" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/2P27hhTQsD</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1805983091682582755?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 26, 2024</a>
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<h2 class="wp-block-heading" id="bitcoin-etfs-record-a-slump-of-214-btc-with-grayscale-accounting-for-1-539-btc">Bitcoin ETFs Record a Slump of 214 BTC, with Grayscale Accounting for 1,539 BTC</h2>
<p>In its latest X post, the analytics company noted that the <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/" data-type="post" data-id="64778" rel="noopener noreferrer nofollow">Bitcoin</a> exchange-traded funds experienced a slump of $13.24 million. Additionally, the firm also shared the chart including the details of the respective ETFs. According to <a href="https://lookonchain.com/" target="_blank" rel="noopener noreferrer nofollow">Lookonchain</a>, the popular ETF Grayscale went through a decrease of almost 1,539 BTC. The respective figure equals the amount of up to $95 million.</p>
<p>As a result of the above-mentioned plunge, the exchange-traded fund presently possesses 276,395 BTC. This figure equals approximately $17.07 billion even after the respective dip. Another prominent ETF in the list is Fidelity however it saw a significant inclusion. The analytics provider added that Fidelity added up to 765 BTC. This equals more than $47.27 million. Following the respective inclusion, the ETF holds nearly 167.528 BTC.</p>
<h2 class="wp-block-heading" id="ark-21shares-bitcoin-etf-incurs-the-dip-of-100-btc">ARK 21Shares Bitcoin ETF Incurs the Dip of 100 BTC</h2>
<p>The aforementioned tokens possess a value of approximately $10.35 billion. ARK 21Shares Bitcoin ETF incurred a decrease of nearly 100 BTC. After that, it currently owns 45.366 BTC. Vaneck Bitcoin Trust beheld the decline of 170 BTC while still possessing 9.814 BTC. On the other hand, a famous exchange-traded fund Bitwise Bitcoin ETF recorded the inclusion of above 2455 BTC, taking its total Bitcoin holdings to 37,397 BTC.</p>

Nine Prominent BTC ETFs See a Plunge of 214 BTC, Says Lookonchain

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