Spot Bitcoin ETF Hits A New Record High On 24th May With Over 850,000 BTCs Held In Custody!

The post Spot Bitcoin ETF Hits A New Record High On 24th May With Over 850,000 BTCs Held In Custody! appeared first on Coinpedia Fintech News

The U.S.-listed spot Bitcoin Exchange Traded Funds (ETFs) on the 24th recorded a new high by holding over 850,000 BTCs in custody. Notably, the previous high was above 845,000 BTC in early April. Among ETFs, Grayscale’s GBTC holds the largest amount of Bitcoin with over $20 Billion in holdings. Followed by this, BlackRock’s IBIT is at $19.6 Billion, while Hashdex Bitcoin ETF is the smallest holder with $12 Million.