#US ETFs hold 1.13 million BTC#

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Overview

US Bitcoin spot ETFs continue to see growing holdings, with a total of 1,134,800 BTC held as of January 10, worth over $109.6 billion. This signifies the success of Bitcoin ETFs in the US market and reflects the ongoing interest of institutional investors in digital assets. Notably, on the first anniversary of Bitcoin ETFs listing in the US, institutional investors such as BlackRock have entered the market, driving up Bitcoin prices and laying a solid foundation for the development of Bitcoin ETFs.

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Analysis

U.S. spot Bitcoin ETFs have been around for a year now, and collectively hold approximately 1,134,800 BTC, valued at over $109.6 billion. This number represents the continued interest of institutional investors in Bitcoin, and reflects the increasing recognition of Bitcoin as an asset class. The entry of large institutions like BlackRock has further propelled the development of Bitcoin ETFs. Despite continued market volatility, the emergence of Bitcoin ETFs provides investors with a more convenient and secure investment avenue, and offers new momentum for the future development of Bitcoin.

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Classic Views

U.S. spot Bitcoin ETF holdings continue to grow, now exceeding 1.13 million BTC, valued at over $109.6 billion.

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The launch of U.S. spot Bitcoin ETFs marks a milestone for Bitcoin investment, offering investors a more convenient way to invest.

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The emergence of Bitcoin spot ETFs has fueled Bitcoin price gains and attracted more institutional investors to the market.

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The trend of Bitcoin spot ETFs indicates that Bitcoin, as a digital asset, is being recognized by an increasing number of institutional investors.

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