Lookonchain Sees a Significant Drop in $BTC Holdings of Grayscale


Lookonchain, a Web3 data analysis forum, has recently provided a list of ETFs in terms of *BTC* holdings. The company has disclosed a huge decline in the $BTC holdings of the respective exchange-traded funds which include Grayscale and some other ETFs. In its recent posts on the social media forum X, the firm revealed the holdings of a series of ETFs.

Grayscale Goes through a Massive Decline in Its $BTC Holdings, Says Lookonchain

In that list, the company has included the names and the ticker symbols of the ETFs along with their $BTC holdings. In addition to this, the list also displays the 1-day and 7-day net inflows of Bitcoin in the respective ETFs. As per Lookonchain, Grayscale went through a dip of up to nearly 1,786 BTC tokens. This figure equals an amount of nearly $115.13 million.

As a result of this, enormous decrease in the $BTC coins, the Bitcoin holdings of Grayscale have substantially dropped. Currently, this figure stands at almost 314,145 BTC. The respective amount equals up to $20.25 billion at present. Apart from that, the company also disclosed another popular ETF named Blackrock.

BlackRock Sees an Increase of 1,663 Coins in Its BTC Holdings

Dissimilar to Grayscale, Blackrock saw an inclusion of more than 1,663 BTC tokens. The amount equals $107.2 million and expands the Bitcoin holdings of the ETF. Following this inclusion, the cumulative Bitcoin holdings of Blackrock have touched the high spot of nearly 270,977 BTC. This figure is currently equivalent to almost $17.47 billion.

The other ETFs take into account Franklin Bitcoin ETF, Valkyrie Bitcoin Fund, Vaneck Bitcoin Trust, Invesco Galaxy Bitcoin ETF, Bitwise Bitcoin ETF, and Fidelity Wise Origin Bitcoin Fund.  These ETFs have seen noteworthy inflows in 24 hours and 7 days. Contrarily, ARK 21Shares Bitcoin ETF experienced a -1.019 BTC decrease.

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