According to Odaily: In an insightful update from the crypto world, K33 Research senior analyst Vetle Lunde reported that 937 professional companies had invested in the U.S. Bitcoin spot ETF as of the end of March, according to the 13F report. This information was shared on the X platform.
In contrast, during the first quarter, gold ETFs drew investment from 95 professional firms (as reported by Bitwise). Retail investors, meanwhile, hold the majority of the circulating stocks. Notably, professional investors held $11.06 billion in exposure as of the first quarter's end, comprising 18.7% of the Bitcoin ETF's Assets Under Management (AUM).
Interestingly, the most sizeable ETFs drew the majority of institutional money. ARKB and HODL were especially noteworthy, gaining considerable institutional presence due to allocations to these ETFs by ARK and VanEck. This trend underlines the growing institutional acceptance and investment in Bitcoin and other cryptocurrencies.
