“You Better Buy Bitcoin” – BTC Numbers Challenge Canadian Government as ETF Assets Hit All-Time High

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© Reuters.

Canada’s war against (BTC) appears to be backfiring as the country’s flagship exchange-traded fund (ETF) adds thousands of BTC.

Data from on-chain monitoring resource Coinglass shows that in the two weeks to February 24, ETF Purpose Bitcoin increased its holdings from 28,854 BTC to 32,257 BTC – 11.8%.

Objective Bitcoin ETF BTC holdings. Source: Coinglass
Bitcoin Exchange Reserve Chart. Source: CryptoQuant

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