ETF Bitcoin Holdings Update: Blackrock and ARK21Shares Activity
According to @lookonchain, on June 7, nine ETFs collectively added 3,689 BTC worth approximately $261.91 million. Blackrock significantly increased its holdings by adding 4,896 BTC, valued at $347.61 million, bringing its total to 302,540 BTC, worth $21.48 billion. Conversely, ARK21Shares reduced its holdings by 1,364 BTC, equivalent to $96.84 million, and now holds 48,939 BTC, valued at $3.47 billion. This activity indicates a strong acquisition trend by Blackrock, while ARK21Shares is reducing its exposure.
SourceAnalysis
Lookonchain
@lookonchainLooking for smartmoney onchain