{"id":135974,"date":"2024-08-21T21:00:13","date_gmt":"2024-08-21T18:00:13","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135974"},"modified":"2024-08-21T18:43:14","modified_gmt":"2024-08-21T15:43:14","slug":"institutional-bitcoin-etf-investment-expected-to-rise-in-coming-years-report-shows","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/institutional-bitcoin-etf-investment-expected-to-rise-in-coming-years-report-shows\/","title":{"rendered":"Institutional Bitcoin ETF Investment Expected to Rise in Coming Years, Report Shows"},"content":{"rendered":"
\u201cThe most pressing question in the [cryptocurrency sector] today is whether institutions and professional investors will commit to cryptocurrencies on a large scale<\/em>,\u201d according<\/a> <\/strong>to Matt Haugan, chief investment officer at Bitwise.<\/p>\n The report highlights that the number of institutional investors holding Bitcoin<\/strong> <\/a>ETFs grew 14% from the first to the second quarter, increasing from 965 to 1,100. The share of these investors in the total assets under management (AUM) of Bitcoin ETFs also increased from 18.74% to 21.15%. As of the end of the quarter, institutions held $11 billion in BTC ETFs.<\/p>\n \u201cThis is an encouraging sign.<\/em> If institutions are willing to buy Bitcoin during volatile periods, imagine the potential during a bull market<\/em>,\u201d Hogan noted.<\/p>\n