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.
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