According to Odaily Planet Daily, Vetle Lunde, senior analyst at K33 Research, posted on the X platform that according to the 13F report, as of March 31, 937 professional companies had invested in the US Bitcoin spot ETF.

In contrast, gold ETFs had 95 professional firms investing in the first quarter (Bitwise). Retail investors own the majority of the float. Professional investors held $11.06 billion in exposure at the end of the first quarter, or 18.7% of Bitcoin ETF AUM.

Overall, the largest ETFs attracted the most institutional money, with ARKB and HODL seeing greater institutional dominance, thanks to ARK and VanEck’s allocations to these ETFs.