Bitwise: As of last Thursday, 563 professional investment firms reported owning Bitcoin ETFs worth $3.5 billion
Bitwise stated on the X platform that as of last Thursday, 563 professional investment firms reported owning Bitcoin ETFs worth $3.5 billion. By the May 15th deadline for filing 13F documents, we may see over 700 companies with a total asset management scale close to $5 billion. For new ETFs, this scale of holdings is unprecedented. Most ETFs only attract a few 13F applicants in the first few months after listing. For new ETFs, this scale of holdings is unprecedented. Most ETFs only attract a few 13F applicants in the first few months after listing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Stalls After CPI Surge: Is BTC Rally Momentum Losing Steam?

Can Zcash Really Follow Bitcoin? This Model Puts ZEC to the Test

TAO Drops 7% After the Raydium Rally: Is a Bigger Move Coming?

Bitcoin: $85M whale buy meets Fed FUD – Is BTC setting up a bear trap?
