Bitcoin ETF Holdings Reach New Record High of $160 Billion

Bitcoin Exchange-Traded Funds (ETFs) have reached a significant milestone, accumulating a staggering 1.29 million BTC in total value exceeding $160 billion. This surge in holdings is driven by growing institutional interest and the convenience provided by ETFs, allowing investors to gain exposure to Bitcoin without direct ownership. The rapid growth of these funds underscores the rising demand for regulated crypto investment options among both institutions and individual investors.