Vetle Lunde, senior analyst at K33 Research, said in a post on the X platform that according to the 13F report, as of March 31, there were 937 professional companies investing in US spot ETFs. In comparison, gold ETFs had 95 professional companies investing in Quarter 1 (Bitwise). Retail investors hold the majority of the float. As of the end of Quarter 1, professional investors held exposure of $1.106 billion, accounting for 18.7% of the Bitcoin ETF AUM.
Overall, the largest ETFs attracted the most institutional funding, with ARKB and HODL gaining greater institutional dominance thanks to ARK and VanEck's allocation to these ETFs.
K33 Research senior analyst: As of the end of March, 937 professional companies have invested in US spot ETFs
2024-05-16 08:21:03
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