US spot Bitcoin ETF increased its holdings by 3,077 bitcoins on May 20
On May 20, data from US spot Bitcoin ETFs showed that the Bitcoin market ushered in another big move! Grayscale GBTC, Fidelity and other Bitcoin ETFs have increased their holdings significantly, showing strong confidence in the future prospects of Bitcoin.
🔹 Grayscale GBTC increased its holdings by 59 bitcoins, worth about $4 million, and currently has a total holding of 288,954 bitcoins, with a total value of about $19.5 billion.
🔹 Fidelity increased its holdings by 1,487 bitcoins, worth about $100.35 million, with a total holding of 158,250 bitcoins, with a total value of about $10.56 billion.
🔹 Total increase: 9 Bitcoin ETFs increased their holdings by a total of 3,077 bitcoins, with a total value of about $207.69 million.
This large-scale increase highlights the continued optimism of institutions towards Bitcoin. Whether it is Grayscale, Fidelity or other ETFs, they have increased their investment, which not only reflects the market's recognition of Bitcoin, but also indicates the future growth potential of Bitcoin.
Summary:
Major institutions such as Grayscale GBTC and Fidelity have increased their holdings, and the Bitcoin market has strong confidence.
9 Bitcoin ETFs have increased their holdings by 3,077 Bitcoins, worth more than $200 million.
The continued increase in holdings by institutions shows optimistic expectations for the future trend of Bitcoin, which may promote further development of the market.
The Bitcoin market is ushering in a new round of institutional enthusiasm. Are you still waiting? Keep up with the pace and seize the opportunity! 📈🚀
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