Bitcoin ETFs Make Record-Breaking 100K BTC Purchase in a Single Week
Key Takeaways Nine spot Bitcoin ETFs, including major players like BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, acquired a remarkable 102,613 BTC in just one week. This aggressive buying contrasted sharply with the selling strategy of Grayscale's Bitcoin ETF, which offloaded over 80,000 BTC. The scale of acquisition by these ETFs is significant, representing over half of the total BTC holdings of MicroStrategy.
Key Takeaways
- Nine spot Bitcoin ETFs, including major players like BlackRock's iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund, acquired a remarkable 102,613 BTC in just one week.
- This aggressive buying contrasted sharply with the selling strategy of Grayscale's Bitcoin ETF, which offloaded over 80,000 BTC.
- The scale of acquisition by these ETFs is significant, representing over half of the total BTC holdings of MicroStrategy.
