Thousands of Bitcoins entered the newly established spot Bitcoin ETFs, except Grayscale Bitcoin Trust (GBTC) in the USA, in the past day.
From Grayscale Bitcoin Trust the other day thousand 708 Bitcoins came out, making it the lowest daily number ever recorded.
In total, the other 8 ETFs except GBTC 5 thousand 19 Bitcoins input and thus the total amount of Bitcoin held in these funds, to the level of 192 thousand approached.
Although not even a month has passed since the funds were established, they are already billions of dollars reached the value.
Funds other than Grayscale Bitcoin Trust thus differ in terms of the total number of Bitcoins they hold. surpasses MicroStrategy left. In MicroStrategy’s reserve 190 thousand Bitcoins is available.
Markus Levin, one of the founders of XYO, “Bitcoin has changed over time in terms of BTC holders and the coins they hold. an increasingly distributed network We saw what it has become. Concentrating too much BTC in the hands of a single country or company could pose a problem, but even in the case of MicroStrategy and these ETFs, the concentration of coins in these organizations means Does not pose a risk to the Bitcoin network.” said.