Spot Bitcoin ETFs surpass 220,000 BTC under management


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‘The Nine’, the name given to the nine new spot Bitcoin (BTC) exchange-traded funds (ETFs) approved in the US in January, now holds more than 220,000 BTC under management. The data is presented by on-chain data firm Arkham Intelligence.

BlackRock’s IBIT ETF is responsible for the majority of Bitcoins accumulated by those funds, with over 130,000 BTC under management, equivalent to almost $7,4 billion. Over the last 24 hours, BlackRock added more 3,281.17 BTC to its address. ARK Invest’s ARKB 21Shares holds 31,465 BTC, which is close to $1.8 billion, making it the second largest spot Bitcoin ETF by BTC under management.

Bitwise’s BITB holds 23,799 BTC, which translates to over $1.3 billion. It received 681.526 BTC from FalconX over the last 24 hours.

Fidelity’s FBTC also has over $1 billion in Bitcoin, with 20,275 BTC under management. Its wallets received 2,325 BTC from Coinbase in the past 24 hours, and 1,185 BTC from a Cumberland address.

Invesco’s BTCO is distant from the first four ETFs listed, with 6,140 BTC under management, which is close to $350 million. It received 80 BTC from Coinbase in the last 4 hours, and the amount was transferred to a fresh wallet almost instantly.

The HODL Bitcoin ETF, managed by VanEck, received over 113 BTC from Gemini in the last hour. The ETF now sits at 4,130 BTC under management, surpassing $230 million.

The last transfer directed to Valkyrie’s BRRR fund happened four days ago, with 22.681 BTC sent from Kraken. BRRR’s Bitcoins under management stand at 3,106 BTC, or $176 million.

The EZBC spot Bitcoin ETF, from asset manager Franklin Templeton, has accumulated 2,088 BTC over the past two months, with almost $120 million under management. BTCW, managed by WisdowTree, is the smallest of the nine ETFs, holding 690.367 BTC.

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