Lookonchain, a well-known platform for on-chain analytics, recently reported that nine prominent BTC ETFs have added a substantial amount of tokens, totaling approximately $862.79 million. The inflows of Bitcoin into spot ETFs have remained positive for the past 15 days, with varying amounts entering the market. The analytics platform took to social media to share details about the ETFs involved.
According to Lookonchain’s latest update on June 5, a total of 12,165 BTC tokens have been included in these ETFs. Blackrock, one of the ETFs, added 3,894 BTC tokens, amounting to over $276.19 million. The fund currently holds a staggering 295,457 BTC, valued at $20.95 billion. Fidelity, another ETF, added 5,378 BTC tokens, with a value of approximately $381.42 million, and holds 170,611 BTC tokens worth $12.1 billion.
In comparison to Blackrock and Fidelity, other ETFs included relatively fewer BTC tokens. Lookonchain reported that the ARK 21Shares Bitcoin ETF ranked third, adding over 1,968 BTC tokens, with a current holding of 49.298 BTC. Bitwise Bitcoin ETF follows closely behind with over 867 BTC tokens and a total of 37,844 BTC in its holdings.
Additionally, Invesco Galaxy Bitcoin ETF and Vaneck Bitcoin Trust included 19 and 28 BTC tokens respectively, while Valkyrie Bitcoin Fund added 23 BTC to its holdings, reaching a total of 8,600 BTC.
In conclusion, the inclusion of BTC tokens in these ETFs indicates a significant investment trend in the cryptocurrency market, as reported by Lookonchain.