Purpose Bitcoin ETF holds nearly 25,000 bitcoins, a record high for the year

According to CryptoSlate, with BlackRock's recent application for a spot Bitcoin ETF, existing Bitcoin ETF products on the market have begun to attract investor attention again.

Data shows that the Purpose Bitcoin ETF, a physically settled Bitcoin ETF listed on the Toronto Stock Exchange in Canada, currently holds 24,705 bitcoins, a new high this year, but it is still about 50% away from the high of nearly 48,000 BTC in June last year.

Analysts believe that this trend may indicate that investor confidence is recovering and interest in purchasing Bitcoin through ETF products is rekindled.