🌐 $BTC NEWS ALERT
#BlackRock and #Fidelity collectively hold more than 524,390 BTC, valued at $31.6 billion, in their spot Bitcoin ETFs.
BlackRock’s iShares Bitcoin Trust owns 347,767 BTC, valued at $20.32 billion.
Fidelity’s Wise Origin Bitcoin Trust holds 176,951 BTC, valued at $10.93 billion.
This means that over 500,000 BTC out of the total 21 million in circulation is held by just these two #ETFs.
This also shows the interest of big names in Bitcoin which is a sign of increasing crypto dominance in the market.