Bitcoin ETFs in the US Hold Over 638,900 BTC: A Game-Changing Development
The recently launched spot Bitcoin exchange-traded funds (ETFs) have quickly amassed an astonishing amount of the cryptocurrency, according to crypto analyst and trader Ali Martinez. In a tweet to his 41,600 followers on X, Martinez revealed that these ETF products now hold over 638,900 BTC, which is currently worth around $27 billion. This development is being closely watched by the crypto community, as it marks a significant shift in the adoption and integration of Bitcoin into traditional financial markets.
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