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 Please enter Coingecko Free Api Key to get this plugin works. The analytics platform brought to the front this development on its official account on X.
Bitcoin ETFs Record a Slump of 214 BTC, with Grayscale Accounting for 1,539 BTC
In its latest X post, the analytics company noted that the Bitcoin 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 Lookonchain, the popular ETF Grayscale went through a decrease of almost 1,539 BTC. The respective figure equals the amount of up to $95 million.
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.
ARK 21Shares Bitcoin ETF Incurs the Dip of 100 BTC
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.