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Bitwise Report: Total number of institutional investors holding Bitcoin ETFs grew 14% in Q2

Bitwise Report: Total number of institutional investors holding Bitcoin ETFs grew 14% in Q2

CointimeCointime2024/08/21 09:07
By:Cointime

Bitwise stated in a report that the total number of institutional investors holding Bitcoin ETF in the second quarter increased by 14%. Despite the 12% drop in Bitcoin prices in the second quarter, this did not prevent institutional investors from significantly increasing their allocation to BTC ETFs. The data shows that the adoption rate of Bitcoin ETFs by institutions is the fastest in the history of any ETF.The report states that most ETFs will strengthen over time, and it is expected that the inflow of Bitcoin ETFs in 2025 will be greater than that in 2024, and in 2026 it will be greater than that in 2025. "These institutions are pouring in, and the scale is getting larger and larger."

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