1 Million BTC Accumulated by Spot Bitcoin ETFs

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Majority of Bitcoin held by ETFs resides in U.S.-based spot ETFs, notably GBTC and IBIT, comprising over half the total BTC holdings.

As of May 24, all Bitcoin exchange-traded funds (ETFs) collectively hold 1,002,343 BTC, with a significant portion allocated to U.S. products among the 32 available ETFs.

MicroStrategy’s executive chairman, Michael Saylor, emphasized this notable achievement in a recent post, noting that these 32 spot Bitcoin ETFs together now possess an amount equivalent to the holdings of the pseudonymous creator of the cryptocurrency, Satoshi Nakamoto.



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