Bloomberg Analyst: Bitcoin Spot ETF Has Over 1,000 Institutional Holders Within Two Quarters of Listing
Bloomberg Senior ETF Analyst Eric Balchunas posted on social media that the Bitcoin spot ETF has over 1,000 institutional holders in just two 13F reporting periods. This is unprecedented. IBIT alone has 661 institutional holders, with 20% of shares held by institutions and large advisors, and this proportion is expected to reach 40% in the next 12 months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Alpha Metallurgical director Kenneth S. Courtis acquires shares worth $2,742,779.54
"After a magnitude 7 earthquake, there will certainly be aftershocks"? After major AI losses in July, hedge funds suffered another heavy blow on Wednesday.
According to data from Goldman Sachs, systematic long-short funds experienced a single-day decline of 1.4% on Wednesday, while the Morgan Stanley "Pure Momentum" Index saw its first single-day drop of over 4% in five years. The trigger was the U.S. Treasury expanding bond purchases and a skyrocketing share price of Moderna. Industry insiders compared the current predicament to "aftershocks following a magnitude 7 earthquake," with all parties simultaneously deleveraging and reducing risk exposure, which is intensifying market volatility and creating a negative feedback loop.
PPX Mining settles USD 860,093 debt with 6,533,921 shares at CAD 0.19 each
Crypto prices
More
