Significant Movements in Bitcoin Holdings by ETFs, Blackrock, and Grayscale
According to Lookonchain, on July 25, nine ETFs collectively added 960 BTC, valued at approximately $62.14 million. Blackrock significantly increased its holdings by adding 1,000 BTC, worth around $64.69 million, bringing its total to 337,036 BTC, equivalent to $21.81 billion. In contrast, Grayscale reduced its holdings by 428 BTC, valued at $27.7 million, now holding 271,623 BTC, worth $17.58 billion. These movements indicate a strategic shift in BTC holdings among major institutional players.
SourceAnalysis
Lookonchain
@lookonchainLooking for smartmoney onchain