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‘You’d better buy some Bitcoin’ — BTC figures defy Canada gov’t as ETF assets hit record -Breaking

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© Reuters.

Canada’s battle on (BTC) seems to be backfiring because the nation’s flagship exchange-traded fund (ETF) provides 1000’s of BTC.

Knowledge from on-chain monitoring useful resource Coinglass exhibits that over the 2 weeks to Feb. 24, the Function Bitcoin ETF has elevated its holdings from 28,854 BTC to 32,257 BTC — 11.8%.

Function Bitcoin ETF BTC holdings. Supply: Coinglass
Bitcoin trade reserves chart. Supply: CryptoQuant