Ten Bitcoin Spot ETFs Top 800,000 BTC in Total Holdings, 3.8% of Total BTC

According to uplink analyst Yu Hui, the total BTC holdings of the ten BTC spot ETFs now exceed 800,000 pieces, accounting for 3.8% of overall BTC. Meanwhile (GBTC)'s volume in the ten BTC spot ETFs has now begun to fall back below 50%, with BTC holdings falling below 400,000 pieces. Shades of gray (GBTC) has become less and less influential in the market. only 2 months since the launch of the BTC spot ETFs, BlackRock (IBIT) and Fidelity (FBTC) ) are on the verge of overtaking (GBTC) with BTC holdings of 320,000 pieces ($23.1 billion).

Additionally, tonight (March 12) after the U.S. stock market opens the ETF's custodial address will see a net inflow of about 7,018 BTC:

- Jumps: step (GBTC) and Kingston (BTCO) jumped about 6,995 BTC (corresponding to a 3/11 money jump of $503.78 million);

-Inflows: the remaining eight ETFs inflowed about 14,013 BTC (corresponding to a 3/11 money inflow of $1,009.29 million), anchored by BlackRock (IBIT), which inflowed 7,816 BTC ($562.90 million), more than the combined jumps of Steps and Kingston.

Current total BTC holdings of the ten BTC spot ETFs: 802,385 BTC ($57.78 billion).