The collective total held by all Bitcoin ETFs globally is now more than 1 million coins, currently worth almost $68 billion.
Bitcoin (BTC) exchange-traded products — investment vehicles that track the price or provide exposure to BTC — have surpassed 1 million in Bitcoin holdings globally.
Since spot Bitcoin ETFs first launched in the United States in mid-January, the 11 ETFs have sucked up 855,619 Bitcoin, accumulating an average of 6,200 BTC per day.
According to data shared by HODL15Capital, another 21 Bitcoin exchange-traded products — offered in Canada, Germany, Brazil and other countries — pushes the total number of Bitcoin held to 1,002,343 BTC, worth an estimated $68 billion.