🚀 Bitcoin's adoption is skyrocketing, with TradFi firms hopping on the BTC bandwagon like never before! 🎢

- Last quarter, a whopping 937 US professional firms invested in spot Bitcoin ETFs.

- Big names like Millennium Management and Susquehanna International Group led the pack with $2 billion and $1 billion investments respectively.

- Other notable investors include Bracebridge Capital, Boothbay Fund, Morgan Stanley, and Pine Ridge Advisers.

- Even major banks like JPMorgan Chase and Wells Fargo are dipping their toes in the Bitcoin ETF market.

Most firms spread their investments across various ETFs, with Grayscale’s GBTC, BlackRock’s IBIT, Fidelity’s FBTC, and Ark Invest’s ARKB seeing the largest allocations.

State-owned professional firms may soon join the party, with the State of Wisconsin Investment Board already setting the pace with a $163 million exposure to Bitcoin ETFs.

What's your take on this surge in Bitcoin adoption? Share your thoughts below! 👇 #Bitcoin #ETFs #TradFi #CryptoAdoption