According to BlockBeats, Grayscale, a major cryptocurrency investment firm, has reportedly reduced its Bitcoin (BTC) holdings by 538 BTC, equivalent to approximately $35.08 million. The firm currently holds 303,683 BTC, which is worth around $19.8 billion.
In contrast, BlackRock, another prominent investment management corporation, has increased its BTC holdings. The firm added 569 BTC to its portfolio, equivalent to about $37.14 million. BlackRock's current BTC holdings stand at 274,462 BTC, valued at approximately $17.9 billion.
Furthermore, nine Exchange-Traded Funds (ETFs), including Grayscale, collectively increased their BTC holdings by 949 BTC, equivalent to about $61.88 million. The report did not provide further details about the other eight ETFs involved in the BTC acquisition.