According to BlockBeats, on June 17, Lookonchain reported a reduction of 3169 BTC in the holdings of nine US Bitcoin spot ETFs.
Fidelity reduced its holdings by 1224 BTC, equivalent to a decrease of $80.34 million. After this reduction, Fidelity's current holdings stand at 171,529 BTC, valued at $11.25 billion.
In addition, Grayscale also reduced its holdings by 936 BTC, which translates to a decrease of $61.40 million. Following this reduction, Grayscale now holds 281,212 BTC, valued at $18.45 billion.
This significant reduction in holdings by these prominent ETFs indicates a shift in their investment strategies, although the specific reasons behind these decisions remain undisclosed.
