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>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
   <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>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<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

Inhoudsopgave

BlockchainReporter

Andere artikelen gepubliceerd op 27 jun 2024

VanEck Files for Solana ETF

Prominent Crypto Connoisseur Predicts MoonBag To Surge 100x with Scalability and High ROI, Invest...

German And US Governments Are Selling Bitcoin While El Salvador Holds

After a 45% Drop in June, Here’s What Awaited for Ethena (ENA) Price Rally in Q3 2024

Inside the Life of Jeremy Gardner, Crypto Castle Founder and Bitcoin Evangelist

Oil King Pepe (OILPEPE) to Hit $30 Million Market Cap as KuCoin Listing Announced, While Shiba In...

Meld je aan voor onze gratis nieuwsbrief voor dagelijkse crypto-updates!