Investment advisors increased their holdings of Bitcoin ETF spot by 1.1 billion USD in Q2 this year
According to Bitcoin Magazine, investment advisors net bought $1.1 billion in spot Bitcoin ETFs in the second quarter of this year, consolidating their position as significant holders. Despite the fall in Bitcoin's price during the second quarter, the absolute value of Bitcoin ETFs owned by investment advisors increased to $4.3 billion at the end of the second quarter, indicating that acceptance and adoption of Bitcoin ETFs are continuously increasing.
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
Data: Multiple tokens experience a surge followed by a pullback, EGLD hits a new weekly low
Analysis: Ethereum has held its support level, Bitcoin is expected to rebound to $100,000
An Ethereum OG address deposited 18,000 $ETH worth $54.78 million to an exchange.
Trending news
MoreCrypto prices
More
