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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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- 🚀 Gate Square Creator Spark Program is Live!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
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📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
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#Spot Bitcoin ETFs Top 1.1M BTC#
Spot Bitcoin ETFs Now Hold Over 1.1 Million BTC
Spot Bitcoin ETFs have reached a major milestone — they now hold more than 1.1 million BTC. This number represents a growing demand from both institutional and retail investors who want exposure to Bitcoin without directly owning or managing it themselves.
Since their approval, these ETFs have attracted steady inflows, becoming a key part of Bitcoin’s market structure. This trend shows that traditional financial platforms are increasingly embracing crypto, helping to bridge the gap between legacy markets and digital assets.
The rising BTC balance in these funds also reduces the available supply on exchanges, which could have long-term implications for price and volatility.
As interest continues to build, all eyes are on how this will shape Bitcoin’s future and the broader crypto market.