ETF Titans Now Control 6% of Bitcoin – Will $73K BTC Price Test Their Resolve?
Wall Street's biggest players are sitting on a mountain of Bitcoin—but how long will they hold?
ETF giants now own 6% of all BTC in circulation, according to on-chain data. That's enough to move markets—or panic them.
With Bitcoin flirting with $73K again, institutional patience faces its ultimate stress test. Will diamond hands turn to paper when profits hit life-changing levels?
Funny how 'long-term hodlers' suddenly remember they have sell buttons when zeros start stacking. Just saying.
BTC ETF inflows vs. holder addresses
As of press time, BlackRock’s IBIT had the most daily inflows with $692K added. Fidelity’s FBTC followed with $200K gained.
However, Grayscales’ GBTC saw a few outflows of about $185K. This indicated further institutional building up, spearheaded by BlackRock, which had 692,876 BTC in total.
Source: CoinGlass
The spread of holdings across ETF providers highlights not just participation but a broadening trust from traditional finance.
With total ETF addresses inching close to 1.5 million BTC, the uptrend since November 2024 has been clear, despite a few pause periods.
$73K: Exit signal or stronghold?
Recent analysis of BTC ETFs revealed an average cost of about $73600—excluding GBTC—acting as a significant support level during market corrections.
This level represents a median breaking point for conservative investors, who often prefer to take profits quickly compared to long-term crypto holders.
Traditionally, these investors view 40-50% profits as adequate.
Source: Burak Kesmeci/X
But depending on what happens to the bullish momentum as well as the tightening of supply, they may wait longer and target higher multiples.
The relatively moderate MVRV Ratio means profit-taking pressure isn’t overwhelming—yet.
All in all, the indicators were positive as far as BTC ETF activities were concerned, although it must be taken with caution as the profit margins were weak at the time of press.
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