Buyers flock to Objective Bitcoin ETF

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Fast Take

  • BlackRock’s latest submitting for a spot Bitcoin ETF sparked a wave of curiosity amongst different establishments, prompting them to file for their very own spot ETFs.
  • The Objective Bitcoin ETF (BTCC.B), a bodily settled, cold-storage Bitcoin ETF listed on the Toronto Inventory Change in Canada, additionally witnessed a renewed curiosity and resurgence.
  • The ETF’s present holdings of Bitcoin now stand at 24,705 BTC, marking a year-to-date excessive.
  • This upward pattern is encouraging for traders, because it signifies a possible resurgence in investor confidence and a renewed curiosity in buying Bitcoin via exchange-traded merchandise.
Date Objective Bitcoin ETF Holdings(BTC)
26 June 2023 24705
23 June 2023 23649
22 June 2023 23360
21 June 2023 23189
20 June 2023 22961
19 June 2023 22909
16 June 2023 22903
15 June 2023 22851
14 June 2023 22740
13 June 2023 22740
12 June 2023 22751
09 June 2023 22757
08 June 2023 22772
07 June 2023 22769
06 June 2023 22777
05 June 2023 22705
02 June 2023 22677
01 June 2023 22719

Objective BTC ETC Bitcoin Reserves

Purpose BTC ETF Holdings: (Source: Glassnode)
Objective BTC ETF Holdings: (Supply: Glassnode)

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