According to BlockBeats, Bitwise CIO Matt Hougan said that in Q2, there were a total of 1,924 institutional holders of the 10 Bitcoin spot ETFs, up from 1,479 in Q1, an increase of about 30%.

Most institutional investors with Q1 allocations held or bought more positions in Q2. 44% of institutions increased their positions in Q2, 22% remained the same, 21% reduced their positions, and 13% liquidated and exited.

Hedge funds are still the major holders, including Millennium, Schonfeld, Boothbay, Capula, etc. We hope that the share of wealth management companies and pension funds will increase in the future.