HomeUncategorizedOver 200K BTC now stored in Bitcoin ETFs and other institutional products By Cointelegraph

Over 200K BTC now stored in Bitcoin ETFs and other institutional products By Cointelegraph

June 4, 2022

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Over 200K BTC now stored in Bitcoin ETFs and other institutional products

(BTC) investment vehicles are seeing “gargantuan” inflows this month, which is a fresh sign that traders’ appetite for BTC exposure is mounting.

Data from monitoring firm Arcane Research published this week shows that Bitcoin exchange-traded products (ETPs) now have record high BTC under management.

Bitcoin ETF investment chart. Source: Vetle Lunde/ Twitter (NYSE:)
Purpose Bitcoin ETF assets under management chart. Source: Coinglass
GBTC holdings, discount vs. chart. Source: Coinglass