Bitcoin Investment Trust Funds Are Buying!
In the latest update, several investment funds focused on Bitcoin (called ETFs) added a total of 3,077 Bitcoins to their holdings. This represents an increase of over $207 million dollars in their total investment.
Here's a breakdown of two major contributors:
Grayscale added another 59 Bitcoins, bringing their total holdings to 288,954 Bitcoins. This is currently valued at approximately $19.5 billion dollars.
Fidelity added a significant amount, at 1,487 Bitcoins, bringing their total to 158,259 Bitcoins. The total value of their holdings is now around $10.56 billion dollars.
