Nine Bitcoin ETFs accumulated 100,000 BTC within a week, a milestone that took MicroStrategy nearly 300 days to reach.
Grayscale's Bitcoin ETF offloaded over 80,000 BTC just days after commencing trade.
Yet nine spot BTC ETFs, such as BlackRock's iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund, acquired more than 100,000 BTC in just the first week after their launch on January 11.
This data was tracked by Cointelegraph and is valued at around $4.1 billion at present, according to CoinGecko.
In a mere seven trading days, these spot Bitcoin ETFs gathered 53% of all Bitcoin collected by large Bitcoin investor MicroStrategy in the past three years.