#nelerolacak $SOL $ETH $BTC A significant change has occurred in the crypto ETF market. BlackRock's iShares Bitcoin Trust (IBIT) has overtaken Grayscale Bitcoin Trust (GBTC) and become the world's largest spot Bitcoin ETF. Crypto ETFs hold 5% of the circulating BTC supply

While there was an outflow of 105 million dollars from GBTC in yesterday's transactions, this amount was recorded as one of the highest outflows in single-day transactions in May. However, while a net inflow of $45.14 million was realized across the ETF market yesterday, the positive inflow series reached 11 days and the positive outlook continued.

Currently, the amount of Bitcoin held in ETFs has exceeded 1 million BTC, corresponding to approximately 5% of the total BTC supply. According to CoinShares data, as of last week, more than $1 billion of funds entered the crypto ETF market, based in the USA. After spot Bitcoin ETF trading in the USA started in January, GBTC began to rapidly lose funds due to its high commission rate and arbitrage. While BlackRock's ETF started to rapidly attract funds in approximately 5 months, IBIT became the largest spot Bitcoin ETF in the market as of yesterday.

While its peers offered an average commission of 0.2%, the recommended offer rate for GBTC funds remained constant at 1.5%. This approach caused the ETF, which initially held 620 thousand BTC, to fall below 290 thousand BTC.