9 Change-Traded Funds (ETFs) collectively reduced their Bitcoin holdings by 1,290 BTC, resembling a lower of $83.7 million. Constancy modified into as soon as the main contributor to this reduction, shedding 1,290
from its holdings. As of now, Constancy holds 168,862 BTC, valued at approximately $10.95 billion. Particularly, Blackrock and Grayscale didn’t update their Bitcoin holdings on this date.
Jun 20 Change:
9 ETFs reduced 1,290 $BTC(-$83.7M).#Constancy reduced 1,290 $BTC(-$83.7M) and at indicate holds 168,862 $BTC($10.95B).#Blackrock and #Grayscale didn’t update their most up-to-the-minute BTC holdings.https://t.co/gXIi5SUqpx pic.twitter.com/vgiPski8c6
— Lookonchain (@lookonchain) June 20, 2024
June 18 and 19 Change
On June 19, the comparable nine ETFs reduced their Bitcoin holdings by 442 BTC, translating to a $28.7 million lower. Grayscale particularly reduced its holdings by 56 BTC, valued at $3.6 million. This reduction leaves Grayscale with a total of 280,322 BTC, worth approximately $18.22 billion.
June 18 saw a foremost reduction, with the nine ETFs collectively lowering their Bitcoin holdings by 2,824 BTC, amounting to an absence of $182.6 million. Constancy reduced its holdings by 1,377 BTC, which corresponds to $89.06 million, bringing its complete Bitcoin holdings to 170,152 BTC, valued at $11 billion. Furthermore, Grayscale reduced its holdings by 834 BTC, valued at $53.95 million, leading to a total of 280,378 BTC, worth approximately $18.13 billion.
Over three consecutive days, nine ETFs include very much reduced their Bitcoin holdings. Constancy and Grayscale include been the main gamers in these reductions. While Constancy’s holdings reduced substantially, Blackrock remained constant at some stage within the interval. The reductions highlight a pattern of reduced Bitcoin holdings amongst main ETFs.
