Recent data shows that bitcoin ETPs hold over 1.47 million BTC, amounting to 7% of the total cap of 21 million coins. However, current demand for this asset is showing signs of slowing down.
Bitcoin ETP Statistics
Currently, bitcoin ETPs hold over 1.47 million BTC. According to HODL15Capital, as of August 31, 2025, US-based exchange-traded funds have acquired 1.29 million BTC across 11 funds. The largest is BlackRock’s iShares Bitcoin Trust ETF (IBIT), holding 746,810 BTC, followed by the Fidelity Wise Origin Bitcoin Fund (FBTC) with just under 199,500 BTC.
Declining Demand for Bitcoin
Demand for bitcoin ETPs appears to be slowing down. In August, there was a net outflow of $301 million from global bitcoin ETPs, while Ethereum funds attracted $3.95 billion in the same period. Notably, a bitcoin whale sold 4,000 BTC for 96,859 Ethereum and is now positioned with assets worth about $3.8 billion.
Outlook and Predictions
There are opinions that bitcoin's path to $1 million may face hurdles. Analyst PlanC noted that the next seven years will see slow and unimpressive growth. Other analysts, like Delphi Digital, suggested that bitcoin might experience a rally followed by a crash after the Federal Reserve cuts interest rates, depending on the asset's price movements leading up to that.
Against the backdrop of declining demand for bitcoin and concentrated activity around other cryptocurrencies, future trends and actions in the market will be crucial for bitcoin's prospects.
