As of Thursday, 563 professional investment firms reported owning $3.50 billion worth of Bitcoin ETFs, Bitwise said on the X platform. By the May 15 13F filing deadline, we could see more than 700 companies with a total asset management of nearly $5 billion. This level of holding is unprecedented for a new ETF. Most ETFs attract only a small number of 13F applicants in their first few months of listing.
The scale of holdings is unprecedented for a new ETF, with most attracting only a handful of 13F applicants in the first few months.
Bitwise: As of last Thursday, 563 professional investment firms reported having $3.50 billion worth of Bitcoin ETFs
2024-05-16 00:45:42
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