Bitcoin (BTC) ETFs worldwide now hold a record 1 million BTC, according to a recent X post by MicroStrategy CEO Michael Saylor. With the new milestone, Bitcoin may see a rally as Presidential candidate Donald Trump makes another pro-crypto comment

Bitcoin ETFs set new record

Michael Saylor, CEO of MicroStrategy, recently made an X post on Monday about the significant achievement across Bitcoin ETFs worldwide, stating, "32 spot Bitcoin ETFs now hold '1 Nakamoto' of BTC," referring to 1 million BTC. This milestone was attained a little more than four months after Bitcoin ETFs went live on January 10.

US Bitcoin ETFs currently hold the largest amount, totaling 855,619 BTC. Grayscale, BlackRock, and Fidelity lead the list, with a combined holding of 737,746 BTC. BTC holdings among offshore ETFs also rose significantly.

Bitcoin ETFs hit new milestone as crypto community awaits price surge

CRYPTOS | 05/27/2024 21:58:50 GMT

Spot Bitcoin ETFs hit 1 million BTC milestone, holding 5% of the total supply.

The top three Bitcoin ETF holders are Grayscale, BlackRock, and Fidelity.

Upcoming US elections may impact Bitcoin's price following Donald Trump's latest pro-crypto comment.

Bitcoin (BTC) ETFs worldwide now hold a record 1 million BTC, according to a recent X post by MicroStrategy CEO Michael Saylor. With the new milestone, Bitcoin may see a rally as Presidential candidate Donald Trump makes another pro-crypto comment.