Bitcoin ETFs now hold 1 million BTC, 5% of total supply

As of May 23, ETF holdings totaled 1,057,039 BTC. Grayscale’s GBTC leads with over 291,000 BTC, followed closely by BlackRock’s IBIT with 279,500 BTC.

From January to April 2024, BTC delivered a 57% return year-to-date, outperforming the S&P 500. This data highlights the growing impact of Bitcoin ETFs on the cryptocurrency market, showcasing their role in driving trading volumes and investor interest.

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