First in Bitcoin History: Corporates Exceeded the 1 Million Threshold!

The amount of Bitcoin traded through ETFs and ETPs has exceeded 1 million.

Bitcoin exchange-traded funds offered through ETFs and ETPs around the world, shared by HODL15Capital, have exceeded the 1 million BTC threshold. The cumulative value of these assets exceeded $68 billion.

While this amount corresponded to 5.08% of the current circulating supply of 19.7 million BTC, a striking picture emerged.

US-based spot Bitcoin ETFs alone have collected 855,619 Bitcoins since the launch on January 10. The average daily inflow to these ETFs was recorded as 6,200 BTC.

BlackRock and Grayscale were recorded as the two companies holding the most Bitcoin in their ETFs. According to current data, Grayscale holds 289,040 BTC worth $19.9 billion, while BlackRock holds 287,168 BTC worth $19.8 billion.

According to on-chain analysis platform LookIntoBitcoin, only 1 million addresses hold 1 BTC or more.