Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Bloomberg ETF Analyst: Over 1000 institutional holders of Bitcoin spot ETFs have emerged within two quarters of listing

Bloomberg ETF Analyst: Over 1000 institutional holders of Bitcoin spot ETFs have emerged within two quarters of listing

Bitget2024/09/09 12:45
BTC+0.41%

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on social media saying, "Bitcoin spot ETFs have over 1000 institutional holders in just two 13F reporting periods. This is unprecedented.

IBIT alone has 661 institutional holders, with 20% of the shares held by institutions and large advisors, which is expected to reach 40% in the next 12 months. This is really quite peculiar."

It's reported that Form 13F is a document that the U.S. Securities and Exchange Commission (SEC) requires certain institutional investors to submit regularly. According to regulations, investment management companies with assets under management exceeding $100 million (including hedge funds, pension funds and other large investment institutions) must submit this report to the SEC every quarter.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Metaplanet's unrealized BTC gains drop from $600 million to $41.15 million
2
STBL updates roadmap, anchoring mechanism expected to launch by the end of November

Crypto prices

More
Bitcoin
Bitcoin
BTC
$106,884.03
+0.07%
Ethereum
Ethereum
ETH
$3,889.96
+1.42%
Tether USDt
Tether USDt
USDT
$1
+0.01%
BNB
BNB
BNB
$1,096.18
+2.03%
XRP
XRP
XRP
$2.37
+2.44%
Solana
Solana
SOL
$185.73
+0.78%
USDC
USDC
USDC
$1.0000
+0.00%
TRON
TRON
TRX
$0.3144
+1.65%
Dogecoin
Dogecoin
DOGE
$0.1896
+2.40%
Cardano
Cardano
ADA
$0.6363
+1.34%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter