New BTC ETFs Hold Over 178,000 Bitcoin, Drain Massive Liquidity From Market



  • Nine ETFs have collectively accumulated a total of 177,949 Bitcoin
  • BlackRock and Fidelity Dominate with Nearly 75%
  • GBTC Bitcoin Reserves declined but still hold a higher number of BTC than all the nine funds combined

According to recent reports, the nine new spot Bitcoin ETFs, which were launched on January 11, 2024, have increased their Bitcoin holdings after the closing of trading activity on February 2, 2024.…