Does that include ETF holdings as well?
ETFs are not included here
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Important clarification, thanks. Bet it looks a lot different when they are 🥴
So this is amount of "retail" bitcoin on exchanges?
Correct, the bitcoins held in custody for ETFs or other clients do not appear in the balance sheet of the exchanges, and often the addresses are not even known, as in the case of IBIT, where we only know some of them.