The spot Bitcoin ETF has purchased over 500,000 Bitcoins
According to HODL15Capital, within 54 trading days, the spot Bitcoin ETF purchased over 500,000 Bitcoins worth $35 billion. GBTC was converted into an ETF and experienced a large amount of redemptions. The US spot Bitcoin ETF (including GBTC) holds 835,000 Bitcoins, accounting for about 4% of the circulating supply of Bitcoin.
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