44% of institutional investors increased their holdings in Bitcoin spot ETFs in the second quarter

2024-08-15 12:46:04

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ChainCatcher news, Bitwise's data shows that approximately 66% of institutional investors held or increased their Bitcoin positions through U.S. spot exchange-traded funds in the second quarter.

According to the 13F filings submitted to the U.S. Securities and Exchange Commission, 44% of asset managers increased their Bitcoin ETF positions in the second quarter, while 22% of asset managers remained stable. Only 21% reduced their positions, and 13% exited.

Bitwise Chief Investment Officer Matt Hougan stated, "This is a pretty good result, comparable to other ETFs."

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