Bitcoin ETFs Hold 1.47M BTC as Whales Rotate to Ethereum

Published: 2025-09-02 17:44:25 |

Bitcoin ETFs now hold over 1.47 million BTC, representing 7% of the maximum supply, led by BlackRock’s IBIT (746,810 BTC) and Fidelity’s FBTC (199,500 BTC). From December 2024 to August 2025, global Bitcoin ETFs added around 170,000 BTC (~US$18.7 billion), though August saw a US$301 million net outflow from Bitcoin ETFs even as Ethereum funds attracted US$3.95 billion. Large crypto whales continue reallocating assets, with one whale swapping 4,000 BTC for 96,859 ETH (~US$3.8 billion) in 12 hours and others moving about US$456 million from Bitcoin to Ethereum. Meanwhile, the SEC is reviewing 92 crypto ETF applications including Solana (SOL) and XRP (XRP), with approval decisions due in October. Analyst PlanC forecasts a gradual path for Bitcoin to reach US$1 million over seven years. Traders should watch pending ETF approvals and whale movements for short-term volatility and evolving institutional demand for both Bitcoin and Ethereum.

Neutral

The news presents mixed signals for Bitcoin price. High Bitcoin ETF holdings and pending SEC approvals support long-term bullish potential, but August outflows from Bitcoin ETFs and significant whale rotations into Ethereum could exert short-term selling pressure. This balance of positive institutional demand and near-term asset reallocation suggests a neutral impact on Bitcoin’s price in the immediate term.