New knowledge reveals simply how a lot Bitcoin (BTC) Constancy has been accumulating by means of its exchange-traded fund (ETF).
In response to Bitbo monitoring knowledge, the Constancy Sensible Origin Bitcoin Fund (FBTC) holds 196,482.5 BTC as of June 9, 2025. At present costs round $104,410, that’s price roughly $20.9 billion.
FBTC vs IBIT
The numbers put Constancy’s fund among the many largest institutional Bitcoin holders. Actually, Constancy’s place accounts for roughly 0.947% of all present Bitcoin. The fund has been steadily accumulating since its January 2024 launch.
FBTC attracted $12.1 billion in web inflows throughout its first yr, in keeping with ETF.com evaluation. That made it the second-most profitable Bitcoin ETF launch after BlackRock’s IBIT.
Constancy has been concerned in digital property longer than most conventional monetary companies. The corporate started researching blockchain expertise in 2014, effectively earlier than launching FBTC.
In the meantime, different main asset managers proceed increasing their crypto presence. BlackRock just lately bought over $400 million price of Bitcoin and Ethereum, exhibiting the aggressive panorama amongst institutional gamers.
Present market circumstances
At press time, Bitcoin was buying and selling round $104k. The cryptocurrency has maintained ranges above $100,000 for a number of months now, although it’s down 2.84% over the previous 24 hours as tensions between Iran and Israel escalated.
Featured picture by way of Shutterstock.