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Bitcoin Mania: Institutions Finally Figure Out What Everyone Knew in 2014

An illustration of an old-fashioned alarm clock ringing with its hands pointing at midnight on July 17th and August 14th respectively; a rising graph behind the clock showing institutional adoption growing while retail investors remain steady below; in the background Bitcoin's price is shown dropping from above $60k to under it. The scene fades into darkness as an old-fashioned key turns, unlocking a door with 'ETF inflows' written on it but remains locked. A faint light shines through the crack of the door showing money flowing out instead of in.

The institutional adoption of spot Bitcoin exchange-traded funds (ETFs) is up again! Whoop-de-doo. Institutional investors are still only holding a paltry 18.7% of total ETF assets under management. Retail investors continue to be the largest holder cohort because they’re either stupid or desperate, take your pick.

Source: cointelegraph

The institutional adoption of spot Bitcoin exchange-traded funds (ETFs) saw a significant uptick during the second quarter of 2024 despite Bitcoin’s recent correction. Institutional adoption of the United States-based spot Bitcoin (BTC) ETFs grew by over 27% during the second quarter of 2024. Over 262 new firms have invested in spot Bitcoin ETFs, according to Vetle Lunde, a senior analyst at K33 Research, who wrote in an Aug. 16 X […]

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