Bitcoin ETFs Already Hold 3% Of BTC’s Supply: Where Does Institutional Adoption End?
Published by
Benzinga
Benzinga
Exchange-traded funds (ETFs) have amassed holdings that represent over 3% of all Bitcoin (CRYPTO: BTC) in existence. This significant milestone highlights a growing trend of institutional investment in Bitcoin, marking a pivotal shift in the digital asset’s market dynamics. Inflow And Outflow Trends In Bitcoin ETFs The 3% holding by ETFs is not just a number — it’s a reflection of the increasing confidence of institutional investors in Bitcoin as a viable asset class. The market dynamics of Bitcoin ETFs are further illuminated by James Seyffart’s tweet, which reported a substantial outflow of …