BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Spot Bitcoin ETFs Outstrip MicroStrategy with a Massive BTC Hoard

Conie by Conie
February 8, 2024
in CRYPTO, INVESTING
Reading Time: 3 mins read
1
SHARES
17
VIEWS
Share on XShare in TelegramShare on Reddit
  • Bitcoin ETF holdings have surpassed MicroStrategy’s bitcoin reserves and now amount to over 192,000 BTC, demonstrating the rising popularity of these funds.
  • MicroStrategy holds around 189,000 bitcoin purchased at an average price of $30,700 per token, while bitcoin ETFs held less than 20,000 BTC at the end of 2021.
  • Grayscale’s Bitcoin Trust is the largest bitcoin ETF with over 654,000 BTC, and the growth of bitcoin ETFs signals their increasing importance among institutional crypto investors.

Exchange-traded funds (ETFs) tracking the price of bitcoin have accumulated a significant amount of the cryptocurrency. As of Wednesday, bitcoin ETFs held a combined 192,255 bitcoin, exceeding the bitcoin reserves of MicroStrategy, the largest publicly traded corporate holder.

Bitcoin ETF Holdings Surpass MicroStrategy’s Stash

MicroStrategy currently holds about 189,000 bitcoin. The business intelligence firm started buying bitcoin in 2020 and has accumulated about 129,200 bitcoin at an average price of $30,700 per token.

In comparison, the total bitcoin held in ETFs has climbed rapidly since the first futures-based bitcoin ETF launched in October 2021. The bitcoin ETFs led by asset managers like Grayscale, Valkyrie, and VanEck held less than 20,000 bitcoin at the end of 2021. But now, they hold over 192,000, beating out MicroStrategy.

The Rising Popularity of Bitcoin ETFs

The growth in bitcoin ETF holdings highlights the rising popularity of these funds among institutional investors. ETFs provide an easy way for investors to gain exposure to bitcoin prices without having to personally custody the cryptocurrency.

NEW: Spot #Bitcoin ETFs now hold over 192,000 $BTC (Ex-Grayscale's $GBTC)

Microstrategy holds 190,000 BTC

Both combine for nearly 2% of Bitcoin's total supply

— BlockNews.com (@blocknewsdotcom) February 8, 2024

Grayscale’s Bitcoin Trust (GBTC) is the largest bitcoin ETF, holding over 654,000 BTC. But GBTC is not included in the 192,000 BTC held by ETFs referenced earlier, as it is technically a trust, not an ETF. Still, GBTC‘s substantial bitcoin reserves further demonstrate institutional demand for passive bitcoin investment vehicles.

Looking Ahead

With the ongoing growth of bitcoin ETFs, their holdings could soon surpass other major bitcoin investors like Tesla. As more institutional players turn to ETFs for bitcoin exposure, these funds will continue accumulating larger stacks of the cryptocurrency. The expanding bitcoin treasuries held by ETFs underscores their increasing importance in the crypto sector.

Conclusion

In summary, bitcoin ETFs have seen rapid growth and now hold more bitcoin than MicroStrategy’s corporate reserves. The rising popularity of bitcoin ETFs with institutional investors is allowing these funds to quickly amass substantial bitcoin holdings. As ETFs continue growing, they could become some of the largest bitcoin investors in the near future.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BitcoincryptoGBTCMicrostrategy
TweetShareShare
Conie

Conie

Conie is a Web3 enthusiast, an experienced creative writer, and a passionate gamer. With her ability to fuse innovation with imagination, she brings a distinctive perspective to each piece she writes, delving into the ever-changing territories of the digital world, storytelling, and virtual adventures.

DON'T MISS THESE! HOT OFF THE PRESS

Shiba Inu Price Outlook: Can SHIB Break Free This Autumn?
CRYPTO

Shiba Inu Price Outlook: Can SHIB Break Free This Autumn?

September 3, 2025
Ripple Teams Up with Thunes: Cross-Border Payments Get a Blockchain Upgrade
CRYPTO

Ripple Teams Up with Thunes: Cross-Border Payments Get a Blockchain Upgrade

September 3, 2025
Ripple’s UN Backing Sparks XRP Hype and Bold Price Forecasts
CRYPTO

Ripple’s UN Backing Sparks XRP Hype and Bold Price Forecasts

September 3, 2025
HBAR Struggles as Social Buzz Fades and Smart Money Pulls Back
CRYPTO

HBAR Struggles as Social Buzz Fades and Smart Money Pulls Back

September 3, 2025
SEI Holds Steady but Faces Bearish Pressure Ahead
CRYPTO

SEI Holds Steady but Faces Bearish Pressure Ahead

September 3, 2025
Hyperliquid Battles Whale Shorts as HYPE Struggles Near $40
CRYPTO

Hyperliquid Battles Whale Shorts as HYPE Struggles Near $40

September 3, 2025
Load More

Related News

Shiba Inu Price Outlook: Can SHIB Break Free This Autumn?

Shiba Inu Price Outlook: Can SHIB Break Free This Autumn?

September 3, 2025
Ripple Teams Up with Thunes: Cross-Border Payments Get a Blockchain Upgrade

Ripple Teams Up with Thunes: Cross-Border Payments Get a Blockchain Upgrade

September 3, 2025
Ripple’s UN Backing Sparks XRP Hype and Bold Price Forecasts

Ripple’s UN Backing Sparks XRP Hype and Bold Price Forecasts

September 3, 2025
HBAR Struggles as Social Buzz Fades and Smart Money Pulls Back

HBAR Struggles as Social Buzz Fades and Smart Money Pulls Back

September 3, 2025
SEI Holds Steady but Faces Bearish Pressure Ahead

SEI Holds Steady but Faces Bearish Pressure Ahead

September 3, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews