Bitcoin Spot ETF Rapidly Attracts Over 1000 Institutional Investors
Publication Time:2024-09-09 20:31:09
Bloomberg senior ETF analyst Eric Balchunas posted an eye-catching tweet on social media, noting that the Bitcoin Spot ETF had attracted over 1000 institutional investors within two 13F reporting cycles since its listing. This speed and scale set new market records. Specifically, the IBIT Bitcoin Spot ETF product has garnered the attention of 661 institutional investors in a short period, demonstrating ongoing interest and confidence in the digital currency investment sector. Analysis indicates that approximately 20% of IBIT shares are held by institutions and large advisors, with this percentage expected to rise to 40% within the next 12 months, signaling deeper involvement of institutional investors in the Bitcoin market.
Bitcoin spot ETF
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