🔥American investors hold 4.9% of the total supply #Bitcoin through the #ETF spot trades.
The 4.9% of the total supply of Bitcoin held through spot ETFs in the U.S. is a noteworthy figure, especially considering that these funds have only been allowed to trade since the beginning of 2024.
This rapid accumulation rate reflects strong interest from both institutional and individual investors in the U.S. market towards Bitcoin. The ability to invest in Bitcoin through ETFs not only facilitates investor access to this asset but also contributes to increasing confidence in the market thanks to the participation of reputable financial institutions.
However, the concentration of a large amount of Bitcoin in the hands of a few organizations also poses risks of significant price volatility if these ETFs make substantial changes in their investment strategies.
