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Fast Take
BlackRock’s latest submitting for a spot Bitcoin ETF sparked a wave of curiosity amongst different establishments, prompting them to file for their very own spot ETFs.
The Function Bitcoin ETF (BTCC.B), a bodily settled, cold-storage Bitcoin ETF listed on the Toronto Inventory Alternate in Canada, additionally witnessed a renewed curiosity and resurgence.
The ETF’s present holdings of Bitcoin now stand at 24,705 BTC, marking a year-to-date excessive.
This upward pattern is encouraging for buyers, because it signifies a possible resurgence in investor confidence and a renewed curiosity in buying Bitcoin by way of exchange-traded merchandise.
Date
Function Bitcoin ETF Holdings(BTC)
26 June 2023
24705
23 June 2023
23649
22 June 2023
23360
21 June 2023
23189
20 June 2023
22961
19 June 2023
22909
16 June 2023
22903
15 June 2023
22851
14 June 2023
22740
13 June 2023
22740
12 June 2023
22751
09 June 2023
22757
08 June 2023
22772
07 June 2023
22769
06 June 2023
22777
05 June 2023
22705
02 June 2023
22677
01 June 2023
22719
Function BTC ETC Bitcoin Reserves
The publish Traders flock to Function Bitcoin ETF appeared first on CryptoSlate.
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