According to BlockBeats, on November 16, Trader T shared an interesting dynamic about Bitcoin spot ETF on social media, attracting the attention of many crypto enthusiasts. 😄
First, let's take a look at BlackRock's IBIT. In the third quarter, BlackRock's IBIT welcomed 639 institutional holders, a 10% increase from the previous quarter. These institutional holders held a total of 148 million shares, a 19% increase from the previous quarter. This shows that more and more institutions have shown a strong interest in Bitcoin spot ETFs.
Next, let's take a look at Fidelity's FBTC. In the third quarter, Fidelity's FBTC had 316 institutional holders, a 4% increase from the previous quarter. However, the total shares held by these holders decreased by 4% to 50.4 million shares. This phenomenon may reflect a certain degree of adjustment and rebalancing in the market.
Finally, let's take a look at Bitwise's BITB. In the third quarter, the number of Bitwise's BITB institutional holders remained stable at 140, the same as the previous quarter. However, the total shares held by these institutional holders increased by 7% to 15.8 million shares. This shows that although the number of holders has not changed, the holders' confidence in BITB seems to be increasing.
Overall, the performance of Bitcoin spot ETFs in the third quarter showed a diversified trend. Different ETF products differ in the number of institutional holders and holdings, which also brings more observation perspectives to the market.
What do you think about the future development of the crypto market? Welcome to share your views and insights in the comment area! Whether it is your views on Bitcoin spot ETFs or your insights into the entire blockchain industry, we look forward to your participation and communication!