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U.S. Spot Bitcoin ETF Now Holds Nearly 4% of Total Bitcoin

U.S. Spot Bitcoin ETF Now Holds Nearly 4% of Total Bitcoin

2024/03/01 19:07

U.S. spot bitcoin ETFs now hold nearly 4% of the total amount of bitcoin, and as of Friday's U.S. midday trading session, they held a total of 776,464 BTC ($47.7 billion), with 19.64 million bitcoins ($1.21 trillion) currently in circulation, and are set to eventually reach a cap of 21 million, according to data from BitMEX Research.

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