80% of BTC spot ETF AUM is from retail investors

The majority of demand for BTC spot exchange-traded funds (ETFs) is coming from retail investors, according to a report from Cointelegraph. As of October 10, non-institutional investors (retail investors) account for 80% of the total assets under management (AUM) in BTC spot ETFs. Institutional demand has also increased, with investment advisors and hedge funds showing an interest. However, many institutions still haven't invested in a BTC ETF, and those that did have been slow to deploy capital with it. The report suggests that the popularity of BTC spot ETFs among retail investors is due to the ease of access and lower costs compared to investing in Bitcoin directly. ETFs also provide a way for investors to gain exposure to Bitcoin without having to worry about the security risks associated with holding the cryptocurrency themselves. The growth of BTC spot ETFs is a positive sign for the cryptocurrency industry, as it indicates that more and more people are becoming interested in investing in Bitcoin. However, it is important to note that ETFs are still a new product and there are risks associated with investing in them. Investors should do their own research and understand the risks before investing in any ETF.