Data: Global Bitcoin investment funds currently hold over 1 million BTC, approximately 67 billion USD

ChainCatcher news, citing data from the crypto research firm K33 as reported by The Block, indicates that global Bitcoin investment funds, including U.S. ETFs, currently manage over 1 million BTC, valued at approximately $67 billion at current prices, accounting for 5.13% of the circulating supply of Bitcoin.

It is reported that the majority of this (over 83%) is attributed to U.S. spot and futures Bitcoin ETFs. Europe and Canada follow the U.S. as the second and third largest markets for Bitcoin investment products, respectively.

According to data from Glassnode, of the more than 1 million BTC, nearly 700,000 BTC are managed solely by the recently launched U.S. Bitcoin spot ETFs.