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.

Crypto ETPs globally chart

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.

Survey: Professional investors and Crypto ETFs

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.

XRP and Solana chart

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.

Gold ETPs to Crypto ETPs chart

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.