Bitcoin exchange-traded products (ETPs) now hold 1.47 million BTC, 7% of the total supply. US-based funds have the largest share, with over 1.29 million BTC across 11 funds. BlackRock’s iShares Bitcoin Trust ETF leads with 746,810 BTC, followed by Fidelity Wise Origin Bitcoin Fund with 199,500 BTC.

Global Bitcoin ETPs added 170,000 BTC, worth $18.7 billion, from Dec. 31, 2024, to Aug. 31, 2025. However, demand for Bitcoin ETPs is slowing as CoinShares reports a net outflow of $301 million in August. Ethereum funds attracted $3.95 billion in inflows during the same period.

Bitcoin demand is slowing as whales rotate billions to Ether. A whale sold 4,000 BTC for 96,859 Ether, now holding $3.8 billion worth. Nine whales have collectively rotated into ETH, buying $456 million.

September historically weak for Bitcoin, as gold prices rise. Investors cautious due to pending SEC decisions on 92 crypto-related ETFs. Analysts speculate slow, gradual rise to $1 million for Bitcoin.

Research firm Delphi Digital predicts Bitcoin rally and potential crash after Federal Reserve rate cut, depending on activity beforehand. Bitcoin price stability expected if little activity precedes rate cut.

Read more at Cointelegraph: Bitcoin ETFs Now Hold 7% of All BTC Supply