Bitwise Report: The total number of institutional investors holding Bitcoin ETFs increased by 14% in the second quarter

2024-08-21 16:46:48
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ChainCatcher news, Bitwise pointed out in a report that the total number of institutional investors holding Bitcoin ETFs increased by 14% in the second quarter. Despite the fact that Bitcoin's price fell by 12% in the second quarter, this did not stop institutional investors from significantly increasing their allocation to BTC ETFs. Data shows that the adoption rate of Bitcoin ETFs by institutions is the fastest of any ETF in history.

The report states that most ETFs tend to strengthen over time, with inflows for Bitcoin ETFs expected to be greater in 2025 than in 2024, and greater in 2026 than in 2025. "These institutions are pouring in, and the scale is getting larger."

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