Institutional Adoption of Bitcoin ETFs is Soaring 📊
By the end of Q4 2024, 1,576 professional firms held U.S. spot $BTC ETF exposure, marking a +429 increase from the previous quarter. Total assets under management (AUM) surged +113% to $26.8 billion, a clear sign of growing confidence in bitcoin.
The real kicker! Institutional investors now control 25.4% of the AUM, up from 21.3% in Q3, fueled by massive IBIT activity.
Still on the sidelines! Institutions aren’t 🫰
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