Bitcoin 
$111,109.77 Stock Exchange Investment Products (ETPs) currently have a total of over 1.47 million Bitcoins, which corresponds to about 7 %of 21 million, the maximum supply of crypto currency.
Bitcoin interest of corporates
US -based Bitcoin stock market investment funds (ETFs) hold the largest part of this amount. According to data shared by HODL15Capital on the X platform on Monday, these 11 funds were more than 1.29 million BTC on Sunday.
Blackrock’s Ishares Bitcoin Trust ETF (IBIT) was the largest fund with 746,810 BTC, while Fidelity’s Wise Origin Bitcoin Fund (FBTC) ranked second with approximately 199,500 BTC.
Between December 31, 2024 and last Sunday, global Bitcoin ETPs added more than 170,000 BTCs. This figure corresponds to a value of approximately $ 18.7 billion.
However, the demand for Bitcoin ETPs seems to be slowing down. According to Coinshares’ report on Monday, a net output of $ 301 million from global Bitcoin ETPs in August, Ethereum 
$4,301.48 The funds recorded $ 3.95 billion in the same period.
Bitcoin demand is weakening
While the demand for Bitcoin is weakening, large investors (crypto whales) direct billions of dollars to Ether. On Monday, a Bitcoin whale sold 96,859 Ether in return for selling 4,000 BTCs in 12 hours. This whale is currently holding Ether worth $ 3.8 billion.
According to the Blockchain data platform Arkham reported on Wednesday, nine different whales realized their profits in Bitcoin and purchased a total of $ 456 million ETH.
Another factor that causes investors to be afraid of investing on Bitcoin is the fact that the US Securities and Stock Exchange Commission (SEC) is waiting for the approval of 92 crypto -linked ETFs. Among these funds, some popular ETFs based on Solana and XRP are expected to come to the decision phase in October.
Bitcoin Analyst Planc said Bitcoin’s 1 million dollar target journey may be challenging and said, uz Instead, we continue to move to $ 1,000,000 in the next seven years, ”he said.
On the other hand, the fact that Bitcoin ETPs reached 1.47 million BTC shows that corporate interest is still strong, but the capital outlets in recent weeks and the orientation of Ether signal in their investor strategies. In particular, Ethereum’s gaining momentum before ETF and the shift of whale movements to ETH side offers important clues about the short -term aspect of the market.
In the coming period, how to address dozens of ETF applications waiting in the US by the SEC will play a decisive role in market perception. While Bitcoin’s long -term journey stands out a “boring çi climbing scenario, it can be expected to continue the search for volatility and direction in the short term. Especially the historical weakness of September requires being cautious for investors.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
