This has been made possible by a strong influx of investments and growing interest in cryptocurrencies.
The leader among these funds is IBIT from Blackrock, which holds 228,612.98 BTC, valued at $15.27 billion, accounting for more than half of the total assets. Following it is FBTC from Fidelity with 132,571.08 BTC, worth around $8.85 billion.
These figures indicate that spot Bitcoin ETFs are becoming an increasingly popular tool for investors seeking exposure to cryptocurrency. The growth in assets also reflects investor confidence in Bitcoin’s long-term prospects as an asset.