"U.S. Bitcoin Spot ETF Demand Concentrated Among Institutional Investors"

Source
Son Min

Summary

  • "It was stated that the demand for U.S. Bitcoin spot ETFs is concentrated among institutional investors."
  • "It was reported that most of the total net inflow of Bitcoin spot ETFs is occurring in products from BlackRock and Fidelity."
  • "It was explained that as the fund inflow is concentrated in major asset management companies, the Bitcoin spot ETF inflow is centered on institutions."
Source=Matrixport
Source=Matrixport

An analysis has emerged that the demand for U.S. Bitcoin (BTC) spot Exchange-Traded Funds (ETFs) is concentrated among institutional investors.

On the 16th (local time), Matrixport reported through a report that "most of the demand for Bitcoin spot ETFs is generated by institutional investors rather than individual investors." This is because most of the total net inflow of Bitcoin spot ETFs ($35.5 billion) has occurred in products from BlackRock ($39.6 billion) and Fidelity ($11.4 billion).

The report explained, "If the ETF fund inflow was centered on individual investors, funds would have been evenly distributed across all issuers," adding, "As the inflow is concentrated in two major asset management companies, the Bitcoin spot ETF inflow trend is centered on institutional investors."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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