🌐 $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.

#MtGoxJulyRepayments #BTCdominance