Changes in Holdings of Physical Bitcoin and Ethereum ETFs in the US
Publication Time:2024-08-06 23:01:06
In today’s (August 6) market activity, the global cryptocurrency tracking platform lookonchain released data showing that physical Bitcoin exchange-traded funds (ETFs) in the US had reduced their holdings by 3,615 Bitcoins (BTC) on that day. This amounts to approximately $202.52 million at current prices. Conversely, physical Ethereum ETFs demonstrated a different dynamic, with an increase of 8,815 Ethereum (ETH) on the same day, indicating growing demand from investors for Ethereum, valued at around $22.2 million. These series of holding changes reflect the market's demand for different cryptocurrencies and adjustments in investment strategies, providing important information about trends in the cryptocurrency market for investors.
Cryptocurrency Investment
Physical Ethereum ETF
Physical Bitcoin ETF
Changes in Holdings