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In less than 30 days since their debut, new participants in Bitcoin exchange traded funds (ETFs), including BlackRock (IBIT), Fidelity (FBTC), Ark 21Shares (ARKB), Invesco (BTCO), Bitwise (BITB), Valkyrie (BRRR), Franklin Templeton (EZBC), WisdomTree (BTCW), and VanEck (HODL) have accumulated more than 200,000 BTC in assets under management, without counting funds converted by Grayscale.
This accumulation signals an important shift in the crypto investment realm, reflecting investors' growing confidence and interest in Bitcoin as an asset class.
Market Leaders In The New Era Of Spot ETFs
With an accumulation of around 203,811 BTC, according to K33 research, BlackRock's IBIT and Fidelity's FBTC stand out as leaders, with IBIT holding more than 80,000 BTC ($3.7 billion) and FBTC managing more than 68,000 BTC ($3.2 billion).
These numbers place these two funds at the forefront of the new spot ETF market, demonstrating their substantial impact in the short period since their founding.
news from the news check in more depth at: https://bitcoinist.com/bitcoin-etf-these-9-new-participants-accumulated/
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