📊 K33 Research's latest report reveals that institutional investors frantically purchased 859,454 bitcoins in 2024, accounting for 4.3% of the total circulation! Among them, spot ETF funds increased their holdings by 561,781 pieces, and the total management scale of US ETFs has reached 1.4 million pieces. BlackRock's IBIT leads with 542,653 pieces, worth about US$54 billion. MicroStrategy is not to be outdone, purchasing nearly 250,000 pieces through financing. Despite the pressure of bankruptcy liquidation in the market, institutional demand is still strong. What do you think? Welcome to discuss in the comment area! 💬