Arkham labels VanEck Bitcoin ETN address, holding approximately 6,865 BTC

According to TechFlow, on November 12, as tracked by Arkham, 40 labeled addresses associated with the VanEck Bitcoin ETN (VBTC) hold 6,864.99 BTC, valued at approximately $506.83 million. These addresses have been added to Arkham's existing VanEck entity, which previously included the HODL Bitcoin ETF.

Arkham stated that one of the addresses holds all 6,864.99 BTC, with a holding period of two years.