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Mar 30, 03:06 AM
Bitcoin ETF Assets Surge to $69.39B, Blackrock & Fidelity Hold $228.06B in Bitcoin for Spot ETFs, $854M Investments, 500K BTC Accumulated
Crypto

Bitcoin ETF Assets Surge to $69.39B, Blackrock & Fidelity Hold $228.06B in Bitcoin for Spot ETFs, $854M Investments, 500K BTC Accumulated

Authors
  • Bitcoin.com News
  • Watcher.Guru
  • Cointelegraph
11

Assets invested in Bitcoin and cryptocurrencies ETFs globally have surged to $69.39 billion in February, a significant increase from $15.12 billion at the end of 2023. Bitcoin ETFs have seen a rebound with $854 million in investments in one week, accumulating over 500,000 BTC worth $35 billion since January. Blackrock and Fidelity now hold 399,695 Bitcoin worth $228.06 billion for their spot ETFs, buying all BTC sold by Grayscale, all newly mined BTC, and an additional 61,758 BTC.

Written with ChatGPT (GPT-3).

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