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Crypto ETPs Now Largest Bitcoin Holders with 1.47 Million Coins
Key Insights on Crypto ETFs and ETPs
Exchange-Traded Products (ETPs) Leading Bitcoin Holdings
- Crypto ETPs have become the largest holders of [Bitcoin](https://holder.io/coins/btc/), with 1.47 million coins, accounting for about 7% of the total supply.
- Top holders include BlackRock's iShares IBIT ETF with 749,000 coins, followed by Fidelity’s FBTC and Grayscale’s GBTC.

Cryptocurrency in the ETF Mainstream
- The Trackinsight Global ETF Survey shows growing interest in crypto ETFs among over 600 professional investors.
- More than half plan to increase crypto ETF allocations in client portfolios by 2025.

Market Dynamics: Solana and XRP ETFs
- Solana and [XRP](https://holder.io/coins/xrp/) are gaining traction with futures-based ETFs; spot approvals await SEC decisions.
- Since 2024, XRP and Solana ETPs have seen $2.02 billion and $1.35 billion in net inflows, respectively.

Gold vs. Crypto: Asset Allocation Trends
- Gold ETPs hold nearly $400 billion, a traditional hedge against inflation.
- Crypto ETPs have surpassed $200 billion, indicating diversified investor interest.

Recent Developments in Crypto ETF Flows
- In August, Ether-linked products saw $4.27 billion in inflows, leading the market.
- Bitcoin products experienced $169.1 million in net outflows.
- Geographic flows: Americas led with $4.92 billion inflows, while Europe had $108 million in outflows.
U.S. Crypto ETF Market Positioning
- U.S.-listed crypto ETFs dominate global activity, with 94% of trading volume.
- The SEC is facilitating operations with policy adjustments for bitcoin and ether products.
For more detailed insights, refer to the original sources from Trackinsight and CoinDesk.