PANews December 28 news, according to Cointelegraph, the net inflow of the U.S. spot Bitcoin ETF reached $35.66 billion in 2024. A report by Binance on October 25 found that nearly 80% of the demand for the spot Bitcoin ETF comes from retail investors, rather than institutions. However, industry analysts like Bitwise Chief Investment Officer Matt Hougan expect more institutional participation in 2025.