Bitcoin's (BTC) price may have dropped 12% in Q2, but institutional investors aren’t backing down. 🚀 Bitwise reports a significant uptick in BTC ETF allocations, with institutions now holding $11 billion in assets under management (AUM) – a jump to 21.15% from 18.74% in just one quarter.Institutions Increasing BTC ETF Allocations Despite Q2 Dip

Matt Hougan, Bitwise's CIO, highlights, “The biggest question in crypto is whether institutions will allocate in a major way." With a 14% increase in institutional holders, it’s clear the tide is turning. 🌊

Contrary to the belief that retail investors dominate, Bitwise notes that institutional adoption of Bitcoin ETFs is happening at an unprecedented pace. 📈 Goldman Sachs' positions in 7 out of the 11 U.S. BTC ETFs underscore this shift. If institutions are buying during volatility, imagine the inflow during a bull market! 🐂

Get ready – the institutions are coming, and they're coming in size! 💥 #Bitcoin #BTC #Crypto #InstitutionalInvestors #ETF