The institutional fervor surrounding Bitcoin (BTC) is reaching new heights, driven primarily by substantial investments from hedge funds into Bitcoin Exchange-Traded Funds (ETFs). This surge is happening despite a noticeable downturn in on-chain activity, highlighting a trend among major financial institutions towards more regulated and structured exposure to Bitcoin.
Unprecedented Institutional Interest in Bitcoin
Recent 13F filings submitted by leading financial institutions to the United States Securities and Exchange Commission (SEC) reveal a significant increase in institutional investments in Bitcoin ETFs.·
For the full story, head over to TheCurrencyAnalytics.com.