New information exhibits simply how a lot Bitcoin (BTC) Constancy has been accumulating by way of its exchange-traded fund (ETF).
In line with Bitbo monitoring information, the Constancy Smart Origin Bitcoin Fund (FBTC) holds 196,482.5 BTC as of June 9, 2025. At present costs round $104,410, that’s price 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 current Bitcoin. The fund has been steadily accumulating since its January 2024 launch.
FBTC attracted $12.1 billion in internet inflows throughout its first 12 months, based on ETF.com evaluation. That made it the second-most profitable Bitcoin ETF launch after BlackRock’s IBIT.
Constancy has been concerned in digital property longer than most conventional monetary corporations. The corporate started researching blockchain expertise in 2014, nicely earlier than launching FBTC.
In the meantime, different main asset managers proceed increasing their crypto presence. BlackRock just lately bought over $400 million price of Bitcoin and Ethereum, displaying the aggressive panorama amongst institutional gamers.
Present market circumstances
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 by way of Shutterstock.
