According to BlockBeats news, on November 18, CryptoQuant analyst MAC.D issued a document stating that the U.S. Bitcoin spot ETF holdings increased from 629,900 Bitcoins to 1.0545 million Bitcoins, adding 2.18% of the total holdings in just 10 months. %, the holding share increased from 3.15% of the total supply to 5.33%, and 19.78 million BTC have been mined.
Looking at March and November, when prices rose significantly, we can see a strong correlation between increased spot ETF holdings and prices. If the United States adopts Bitcoin as a reserve asset in the future, inflows into spot ETFs may increase further.
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<p>The post Data: Bitcoin spot ETF already holds 5.33% of total Bitcoin first appeared on CoinBuzzFeed.</p>
