BTC ETF Institutional Holders Surge 54.5x in the Last 11 Months
Institutional interest in Bitcoin exchange-traded funds (ETFs) has skyrocketed, with the number of holders increasing by an astonishing 54.5 times in the past 11 months. According to data from Bitwise, as of February 16, institutional holders for U.S. spot Bitcoin ETFs reached 3,323, up from just 61 on March 31 of the previous year.
This surge in institutional participation reflects growing confidence in Bitcoin as a legitimate asset class. With more institutions gaining exposure to BTC through ETFs, this trend could signal greater mainstream adoption and further price stability for Bitcoin. The increasing presence of institutional investors also highlights the maturing crypto market, which may pave the way for more regulatory clarity and innovations in the space.
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