PANews reported on March 17 that according to Bitcoin.com, the latest data shows that the US spot Bitcoin ETF has reduced its Bitcoin holdings by 4.76% since February 6, 2025. From January 1 to February 6, these funds added approximately 56,802.86 bitcoins to their balance sheets, but in the past 35 days, the holdings have decreased by 55,348.00 bitcoins.
As of March 14, the total value of Bitcoin held by these funds was $93.25 billion, accounting for about 5.6% of the total market value of Bitcoin. BlackRock's IBIT consolidated its leading position with a net inflow of $39.24 billion and a holding of 568,559.37 Bitcoins. Fidelity's FBTC followed closely in second place with a total inflow of $11.25 billion and a holding of 194,269.83 Bitcoins. Meanwhile, Grayscale's GBTC, despite recording a net outflow of $22.5 billion, still ranked third with a holding of 193,870.05 Bitcoins.
These three giants - IBIT, FBTC and GBTC - together account for 85.26% of the total ETF group's 1.121 million bitcoin holdings. Although there are currently 12 spot Bitcoin ETFs operating in the market, a 13th competitor may join the competition. On February 14, Osprey Funds submitted a draft S-1 registration for its Osprey Bitcoin Trust (OBTC) to the U.S. SEC. As of March 16, 2025, OBTC has not yet been approved by the SEC, but according to timechainindex.com, the fund already holds approximately 1,934 bitcoins, worth up to $160 million.
