**Bitcoin spot ETF is hot! Institutional holders surge, the future is promising! **

Hello everyone! Today we are going to talk about an exciting news: Bitcoin spot ETF has attracted more than 1,000 institutional holders in just two 13F reporting periods! This is an unprecedented phenomenon! 😮

According to a social media post by Eric Balchunas, senior ETF analyst at Bloomberg, IBIT alone has 661 institutional holders, of which 20% of the shares are held by institutions and large consultants. What is even more exciting is that it is expected that this proportion may reach 40% in the next 12 months! This is simply too strange!

**What is a 13F report? **

First, let's popularize it. The 13F report is a document that the U.S. Securities and Exchange Commission (SEC) requires certain institutional investors to submit regularly. The official name is "Form 13F". According to regulations, investment management companies with assets under management of more than US$100 million (including hedge funds, pension funds and other large investment institutions) must submit this report to the SEC every quarter.

**Enthusiasm of institutional investors**

From these data, we can see that institutional investors are unprecedentedly enthusiastic about Bitcoin spot ETFs. Although we are neutral on the market, we have to say that this trend does make people look forward to the future of Bitcoin.

**Future Outlook**

So why do institutional investors favor Bitcoin spot ETFs so much? Some experts believe that this may be related to the potential of Bitcoin as an emerging asset class. Bitcoin is not only decentralized, but also seen as a tool to fight inflation. Against the backdrop of increasing global economic uncertainty, more and more institutions are beginning to include Bitcoin in their portfolios.

**Interaction time! **

Dear readers, what do you think of this phenomenon? What impact do you think the popularity of Bitcoin spot ETFs will have on the market? Welcome to share your views and opinions in the comment area, let us discuss this interesting topic together!

In short, the rapid development of Bitcoin spot ETFs has undoubtedly injected new vitality into the market. Although we are neutral on the market, this trend is indeed worth paying attention to. Looking forward to more exciting stories in the future!