New knowledge exhibits simply how a lot Bitcoin (BTC) Constancy has been accumulating via its exchange-traded fund (ETF).
In keeping with Bitbo monitoring knowledge, the Constancy Clever Origin Bitcoin Fund (FBTC) holds 196,482.5 BTC as of June 9, 2025. At present costs round $104,410, that’s value roughly $20.9 billion.
FBTC vs IBIT
The numbers put Constancy’s fund among the many largest institutional Bitcoin holders. In actual fact, 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 internet inflows throughout its first yr, in response to ETF.com evaluation. That made it the second-most profitable Bitcoin ETF launch after BlackRock’s IBIT.
Constancy has been concerned in digital belongings longer than most conventional monetary corporations. The corporate started researching blockchain know-how in 2014, effectively earlier than launching FBTC.
In the meantime, different main asset managers proceed increasing their crypto presence. BlackRock lately bought over $400 million value of Bitcoin and Ethereum, displaying the aggressive panorama amongst institutional gamers.
Present market situations
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 through Shutterstock.
