21Shares: US Spot Bitcoin ETFs Increased Holdings by 79,800 BTC in Q3

According to TechFlow, on November 2, a report released by 21Shares indicated that US spot Bitcoin ETFs increased their holdings by 79,800 BTC in the third quarter of 2026, valued at approximately $6.2 billion, nearly twice the 41,300 BTC newly mined during the same period.

The report stated that ETFs replaced Bitcoin treasury companies as the primary source of demand, with the latter's purchasing volume declining from $7.1 billion in the second quarter to approximately $1 billion in the third quarter. During the same period, long-term holder balances fell by 248,000 BTC, worth roughly $17.4 billion. Bitcoin rose 42.7% in the third quarter.