Institutional investors have a significant presence in the US Bitcoin (BTC) spot exchange-traded fund (ETF) market, holding approximately 20% of the total assets. According to Ki-Young Ju, CEO of CryptoQuant, institutional investors hold around 193,000 BTC. This data is derived from the US 13F report, which is a filing requirement for US institutions with over $100 million in assets under management. The 13F report provides insights into the investment holdings of these institutions. The growing participation of institutional investors in the Bitcoin spot ETF market is a testament to the increasing adoption and acceptance of digital assets as an investment class. As more institutional investors allocate a portion of their portfolios to Bitcoin, it adds credibility to the cryptocurrency and contributes to its long-term growth.