Exchange-traded products (ETPs) focused on Bitcoin now hold over 1.47 million BTC, representing roughly 7% of the cryptocurrency’s supply cap. US-based ETFs have dominated this sector, with their collective holdings surpassing 1.29 million BTC across eleven funds as per data from HODL15Capital. BlackRock’s iShares Bitcoin Trust ETF (IBIT) currently leads with 746,810 BTC, followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC), which manages nearly 199,500 BTC. Global ETP holdings have increased by over 170,000 BTC between December 31st, 2024 and the beginning of September this year, worth roughly $18.7 billion at current market prices. However, investment momentum has been slowing in recent weeks.