14 consecutive days of net inflows, global Bitcoin ETF holdings surpass one million units, accounting for nearly 5% of circulation.

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Bitcoin Spot ETF Sees 14 Consecutive Days of Net Inflows

Meanwhile, data from SoSo Value shows that the Bitcoin Spot ETF has seen net inflows for 14 consecutive days.

Grayscale GBTC has also experienced net inflows on several days:

• 5/3: $63.01 million

• 5/6: $3.94 million

• 5/15: $27.05 million

• 5/16: $4.64 million

• 5/17: $31.61 million

• 5/20: $9.35 million

On 5/15, Bitcoin ETF saw net inflows of at least $300 million, while GBTC saw $27 million entering the market.

ETF Holdings Far Exceed Those of Listed Companies

After the United States officially approved the Bitcoin Spot ETF in January this year, the global Bitcoin Spot ETF scale quickly surpassed the Bitcoin holdings of listed companies.

According to BitcoinTreasuries, the Bitcoin holdings of listed companies globally amount to approximately 307,795 coins, accounting for 1.47% of the total circulation.

MicroStrategy alone holds 214,400 BTC, accounting for 1.021% of the total circulation.

MicroStrategy Holds 1% of BTC Total Circulation, Canaccord Securities Lowers Target Price

Similar to the previous bull market, there have been companies imitating MicroStrategy during the process, including medical technology company Semler Scientific and Japanese company Metaplanet.

After purchasing 117.7 BTC, Metaplanet's stock price once surged sixfold, and CEO Simon Gerovich emphasized in a mid-May interview that they will continue to buy Bitcoin.

Joining the ranks of MicroStrategy! Medical company Semler Scientific announces purchase of Bitcoin