[Coinbase: Increased institutional funds flowing into spot Bitcoin ETFs is a "promising" indicator] Golden Finance reported that according to Coinbase's weekly market report, the latest 13F filings of U.S. spot Bitcoin exchange-traded funds (ETFs) show signs of growing institutional interest in the digital asset. The report said: "An increasing portion of these capital flows appear to be driven by institutions, with institutional holdings rising from 21.4% to 24.0%." The report highlighted the increase in institutional capital inflows in the "investment advisor" category. These advisors manage large amounts of money and typically make decisions on asset allocation, investment strategies, and specific securities purchases on behalf of their clients. Coinbase analysts David Duong and David Han said: "We believe that the continued inflow of spot Bitcoin ETFs during periods of poor performance by Bitcoin may be a promising indicator that new pools of funds that ETFs can access continue to be interested in cryptocurrencies."