Bitcoin ETFs: Issuers Accumulate as BTC Price Reaches $90,000

BTC Spot ETF Issuers Increase Holdings As Bitcoin demonstrates resilience and surges towards $90,000, major BTC spot ETF issuers are actively accumulating holdings. Lookonchain reports significant activity from industry giants such as BlackRock, Fidelity, Ark Invest, and Bitwise. Bitcoin's Price Recovery This accumulation coincides with a notable price recovery for Bitcoin. Currently, BTC is trading around $90,289.50, reflecting a 3.18% increase in the last 24 hours, according to CoinMarketCap. This positive momentum suggests growing investor confidence in the leading cryptocurrency. The increased holdings by ETF issuers may further fuel this upward trend. The market awaits to see if this trend will continue. ```