COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Corporations Hold Significant Bitcoin Through ETFs
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Corporations Hold Significant Bitcoin Through ETFs
Bitcoin (BTC)

Corporations Hold Significant Bitcoin Through ETFs

In Brief

  • 20% of Spot Bitcoin ETF shares are held by institutional investors.

  • BlackRock and ARK lead in institutional Bitcoin fund ownership.

  • Institutional interest strengthens Bitcoin's market acceptance.

Fatih Çetin
Fatih Çetin 2 years ago
Share
SHARE

Recent data indicates that institutional investors own 20% of the shares in Spot Bitcoin $77,229 ETFs. According to CryptoQuant CEO Ki Young Ju, these institutions hold approximately 193,000 BTC through ETFs.

Contents
Leaders Among Corporate Bitcoin FundsInstitutions and Bitcoin ETFsMarket Value of Bitcoin FundsLocal Crypto Funds

Leaders Among Corporate Bitcoin Funds

Based on SEC 13F filings, BlackRock’s IBIT fund stands out as the fund with the most substantial institutional Bitcoin holdings. However, the ARK 21Shares Bitcoin ETF leads in terms of ownership ratio.

Institutions and Bitcoin ETFs

Ki Young Ju notes that 1,179 institutional investors hold Bitcoin through ETFs, including major names like Goldman Sachs and Jane Street.

Market Value of Bitcoin Funds

Approved Bitcoin funds collectively hold around 1 million BTC, constituting 4.6% of Bitcoin’s total supply, with a value of approximately $64.25 billion. Spot Bitcoin ETFs in the U.S. have rapidly grown to this level after being approved in January 2024.

On the last trading day, some funds experienced outflows. Bitwise’s BITB lost 327 BTC, while BlackRock’s IBIT gained 4,869 BTC. During this period, cryptocurrency funds in Australia also became active, particularly the Global X 21 Shares Bitcoin ETF, which recorded an impressive annual return of 118.1%.

Local Crypto Funds

In Australia, DigitalX’s BTXX and VanEck’s VBTC ASX are notable local funds. Additionally, Monochrome’s IBTC Bitcoin and IETH Ethereum $2,468 funds are attracting investor interest.

The growing interest of institutional investors in Bitcoin ETFs is viewed as a significant step in the cryptocurrency market. This development could contribute to broader acceptance of Bitcoin in financial markets.

You can follow our news on X, Telegram, Facebook & Coinmarketcap

You Might Also Like

Blockstream’s Liquid Network resumes after $320 million BTC hack, peg-outs still paused

Senate sets vote on CLARITY Act, key crypto bill faces uncertainty from Democrats

Bitcoin holds above $78,000 as key whale activity and support levels emerge

Oil jumps above $100, Bitcoin drops below $78,000 as US inflation rises

Bitcoin falls over 2% as oil jumps above $105 and Fed signals rate hike risk

Fatih Çetin 24 October, 2024 - 11:00 am 24 October, 2024 - 11:00 am
Share This Article
Facebook Twitter
Share
Previous Article Binance Supports Updates and Hard Forks for Harmony and VITE Networks
Next Article Ripple CEO Brad Garlinghouse Predicts a Reset for the Crypto Industry
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

DOJ: Singapore man admits leading $245 million bitcoin theft ring
Cryptocurrency News
Aptos regains resistance as USDC cross-chain transfers boost network activity
Aptos
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Welcome Back!

Sign in to your account

Lost your password?