NEW Update: The grip of ETF issuers on the #Bitcoin market tightens as their collective holdings now amount to a staggering 792,683.82 BTC (valued at 💵 $54B).

This represents nearly 4% of the entire Bitcoin supply! 👀

This significant concentration of Bitcoin within the ETF sector marks a noteworthy development in the cryptocurrency landscape, signaling both growing institutional interest and a potential shift in market dynamics.

What are your thoughts on the implications of such large-scale holdings by ETF issuers?

How might this influence the future of #Bitcoin and its decentralization ethos?

Let's dive into this intriguing topic.

#CryptoMarket #ETFBTC #InstitutionalInvestment