● Data: Since their launch, 8 Bitcoin ETFs have accumulated a total of more than 268,000 BTC, equivalent to approximately US$13.97 billion
According to PANews, according to Lookonchain monitoring, since the launch of Bitcoin ETFs, 8 ETFs have accumulated a total of 268,149 BTC (about 13.97 billion US dollars). BlackRock's IBIT has accumulated the most, 119,681 BTC (about 6.23 billion US dollars). According to its statistical list, the 8 ETFs are BlackRock's IBIT, Fidelity's FBTC, Bitwise's BITB, Ark 21Shares' ARKB, Invesco's BTCO, VanEck's HODL, Valkyrie's BRRR, and Franklin's EZBC.
● Grayscale GBTC sees net outflows of $7 billion as competition intensifies
According to CryptoPotato, Grayscale GBTC continues to see outflows. Data shows that as of February 16, $7 billion has flowed out since GBTC switched to a spot Bitcoin ETF. GBTC is facing fierce competition from ETFs from BlackRock and Fidelity, whose asset bases have grown with inflows. GBTC spot ETFs account for more than half of trading volume. However, recent data from Kaiko shows that its market share has dropped significantly, falling to about 30% last week.
● ARKB's holdings increased to more than 26,600 bitcoins, worth nearly $1.4 billion
According to the Daily Planet, the ARK 21Shares Bitcoin ETF (ARKB), a spot Bitcoin ETF jointly launched by Ark Invest and 21Shares, shows that ARKB's holdings have reached 26,639.91 BTC, worth approximately $1.395 billion. In addition, data shows that on February 12, ARKB's largest single-day increase in holdings was recorded, with 2,865 bitcoins added on that day.
● CoinShares: Last week, digital asset investment products had a net inflow of US$2.45 billion, a record high
According to PANews, CoinShares' latest weekly report shows that the total inflow of funds into digital asset investment products last week reached $2.45 billion, a record high for weekly inflows, and the inflow so far this year has reached $5.2 billion. Bitcoin accounted for more than 99% of the inflows. Ethereum also benefited from an inflow of $21 million. Solana's recent outage affected market sentiment, resulting in an outflow of $1.6 million. Blockchain stock ETF investors decided to take profits last week, with a total outflow of $167 million.
● Bernstein: Ethereum spot ETF is expected to be approved within 12 months
According to Planet Daily, brokerage firm Bernstein said in a research report that the probability of an Ethereum spot ETF being approved by May is about 50%, and it will almost certainly be approved within the next 12 months. Analysts Gautam Chhugani and Mahika Sapra believe that Ethereum is ready for mainstream institutional adoption with its staking yield dynamics, environmentally friendly design, and institutional utility for building new financial markets. Bernstein pointed out that institutions not only want to launch Ethereum spot ETFs, but also want to "build more transparent and open tokenized financial markets on the Ethereum network," adding that "the utility goes beyond asset aggregation."
● Japan approves venture capital firms to directly invest in cryptocurrency and Web3 startups
According to PANews, Japan has approved a proposal to allow certain venture capital firms to directly invest in cryptocurrencies and Web3 startups. The passage of this amendment is seen as a huge opportunity for Japanese Web3 startups.