75% of Bitcoin ETF buyers are newbies

According to information from BlackRock, 75% of Bitcoin ETF buyers are newcomers to the cryptocurrency market. This increase in inexperienced investors could create significant volatility in the digital asset market, although it also comes with the risk of heightened speculation. BlackRock emphasizes that the high percentage of new consumers indicates that Bitcoin is gradually being recognized as "digital gold", thus becoming a more reliable asset.

At the same time, data from financial records show that 80% of those investing in new spot Bitcoin products are investors unfamiliar with Wall Street. The launch of ETFs such as BlackRock's iShares Bitcoin Trust has also attracted strong interest from institutions, with record inflows into these funds, over one billion USD has been invested in a short period.

The strong participation of institutional investors in Bitcoin ETFs will significantly change the market landscape, indicating a new advancement for the development of Bitcoin and the digital asset market in general.