witnessed a massive correction and came back to the $67,000 mark. Despite the correction in price, the interest in BTC was relatively high.This was showcased by the steady BTC ETF inflows flowing into the market. Recent reports indicate that U.S. Bitcoin ETFs have accumulated a total of 850,707 BTC since January this year.
Other key players in the U.S. market include Fidelity’s Wise Bitcoin ETF with 160,620 BTC and the Ark 21Shares ETF with 48,414 BTC. On a global scale, Bitcoin ETFs have collectively amassed 986,769 BTC. Canada’s Purpose Bitcoin ETF is at the forefront outside the U.S., holding 27,407 BTC. The danger of a massive sell off still looms around BTC. However, on a positive note, the Long/Short difference for BTC grew implying that the number of long term holders had surged.
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