🐋 For years, the crypto industry has said "institutions are coming."
With the launch of spot #BitcoinETFs on the NYSE, it's clear they have arrived!
New reports show Bitcoin held by whale addresses has surged by 250k $BTC since the #ETF launch, nearing pre-FTX levels, according to IntoTheBlock.
Traditional finance giants have stepped in, with Millenium Management buying $2B in #BTCETFS and even pensions like the state of Wisconsin jumping in with $160M!
