Arkham Labels VanEck Bitcoin ETN Addresses Holding Approximately 6865 BTC

TechFlow reported on November 12 that, according to Arkham's monitoring, 40 labeled addresses associated with the VanEck Bitcoin ETN (VBTC) hold 6864.99 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 said one of the addresses holds the entire 6864.99 BTC, with a holding period of two years.

Source: TechFlow