According to Odaily, recent data from Lookonchain, dated May 14, reveals significant changes in the holdings of Bitcoin ETFs in the United States. Grayscale GBTC reportedly reduced its holdings by 1,735 Bitcoins, equivalent to approximately $107.36 million. Despite this reduction, Grayscale's total Bitcoin holdings remain substantial, with 289,349 Bitcoins valued at around $17.9 billion.
In contrast, Fidelity increased its Bitcoin holdings by 612 Bitcoins, equivalent to about $37.87 million. This increase brings Fidelity's total Bitcoin holdings to 153,624 Bitcoins, valued at approximately $9.5 billion. Meanwhile, nine Bitcoin ETFs collectively reduced their holdings by 351 Bitcoins, equivalent to roughly $21.7 million. These changes in holdings reflect the dynamic nature of the cryptocurrency market.