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Arkham tags VanEck Bitcoin ETN wallets holding $507 million in BTC
Arkham Intelligence labeled 40 on-chain addresses linked to VanEck’s European Bitcoin ETN (VBTC), showing a total of 6,864.99 BTC valued at approximately $507.2 million. The labeling was announced on November 9, 2026 as part of a broader effort to map institutional crypto holdings worth around $3 billion. VanEck launched the physically backed VBTC ETN in Europe on November 19, 2020, providing direct Bitcoin exposure. The new labels do not alter the product’s structure or custody, only make the ownership of the wallets publicly identifiable.