U.S. Bitcoin Spot ETFs Now Hold 6.2% of Circulating BTC Supply
American spot Bitcoin ETFs have accumulated a staggering 1.23 million BTC, representing 6.2% of Bitcoin's circulating supply, according to the latest data.
Key Statistics
• Total Holdings: 1,230,000 BTC
• Market Dominance: 6.2% of 19.8M circulating supply
• Value: ~$75 billion at current prices
Market Impact
📈 Supply Squeeze: ETFs now hold more than MicroStrategy's 1.15M BTC
💰 Institutional Adoption: BlackRock's IBIT alone holds 300K+ BTC
⚡ Network Effects: Equivalent to ~7 months of new Bitcoin supply
Comparative Context:
✓ More than 3x Satoshi's estimated holdings
✓ Exceeds total BTC on all centralized exchanges
"This represents the fastest institutional accumulation of a scarce asset in history" — Market analyst