🚨 Spot #Bitcoin ETFs now hold over $35 billion worth of $BTC since Janurary
In 2024, #Bitcoin exchange balances saw a significant decrease, with around $9.5 billion worth of $BTC withdrawn from exchanges. https://t.co/SYdshW0nIQ
JUST IN: SPOT $BTC ETFS HAVE ACCUMULATED OVER $35B WORTH OF BITCOIN SINCE JANUARY


BlackRock's spot Bitcoin ETF has amassed over 250,000 BTC, crossing $17 billion in assets under management (AUM) in just 54 days. The CEO, Larry Fink, is very bullish on Bitcoin, citing a $26 trillion debt over 24 years. US spot Bitcoin ETFs have raised $35 billion worth of BTC in 54 days, with nine new Bitcoin ETFs holding 2.54% of the circulating supply, totaling $35 billion. $9.5 billion worth of Bitcoin has been withdrawn from exchanges since the launch of US spot ETFs, indicating strong demand.