9 Bitcoin ETFs Reduce Holdings by 1,950 Bitcoins on May 1
According to Lookonchain monitoring, Grayscale GBTC reduced its holdings by 404 bitcoins ($23.2 million) on May 1 and now holds 296,714 bitcoins ($17 billion). 9 bitcoin ETFs (including Grayscale) reduced their holdings by 1,950 bitcoins ($111.93 million). BlackRock IBTC hasn't added to its bitcoin holdings for five consecutive days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Michael Saylor: If you want to ride the rocket, you must withstand the pressure
Tom Lee: It appears that one or two market makers may have significant gaps in their balance sheets.
The total number of institutions currently holding Bitcoin has reached 355.