News>
CryptoQuant: Over 75% of new Bitcoin investments in the past two weeks have come from spot ETFs
Bitget2024/02/15 13:01
According to a report by on-chain data analysis company CryptoQuant on February 14, over the past two weeks, more than three-quarters of new Bitcoin investments came from spot Bitcoin ETFs (excluding Grayscale GBTC).
The report stated: "We estimate that over 75% of new Bitcoin investments come from these ETFs. Moreover, measured by realized market value, investments from these ETFs have increased to 2% of the total historical investment in Bitcoin within just one month."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Lock now!
You may also like
Crypto prices
More
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now