ChainCatcher Message, K33 Research report shows that institutional investors purchased 859,454 Bitcoins (BTC) in 2024, equivalent to the BTC issuance over eight years, accounting for 4.3% of the total circulating supply. This wave of purchases was primarily driven by spot trading funds (ETFs) and listed companies like MicroStrategy. 📈
This trend demonstrates strong institutional interest in Bitcoin, potentially indicating further market maturation. Nevertheless, investors should remain cautious and closely monitor market dynamics. 🔍
Overall, institutional participation has brought more attention and potential stability to the crypto market, but market volatility should not be overlooked. 💼