Bitcoin ETFs Own Just 8.5% of BTC as IBIT Ends a Two-Day Outflow Run: Can BTC USD Hold $79,200?
· etf · Sentiment: neutral
Bitcoin spot ETFs collectively hold just 8.5% of total BTC supply, indicating substantial room for institutional accumulation. BlackRock’s IBIT halted its two-day outflow streak, signaling renewed buying interest from the largest ETF. With BTC USD trading near $79,200, the key question is whether this support level holds amid low ETF ownership and potential for further inflows. The consensus highlights that ETF adoption remains early-stage, implying significant upside potential for Bitcoin if institutional demand accelerates.
Sources
- https://99bitcoins.com/news/bitcoin-btc/btc-usd-etf-flows-who-owns-bitcoin/
- https://news.google.com/rss/articles/CBMikgFBVV95cUxPQVctOG1fYTVsNVpkTXJQbDFIWnBPMTJBUXJvR1lmbm9hcWVzZHA2LUcxMEVMVDd2M3g5VUJ2REdQTHVBaVZvSmdTTUdIY05yTERoNXhhcUxFNWZZXzBVNFN5VWJqX0tDTl85V2FreVJwazlVS2VxUlMwa0VWWWxLbUU2bm1SZjFZYkxZU1V1MG8wUQ?oc=5