Bitcoin ETF holders surged by 30% in Q2 despite Bitcoin’s price dropping sharply. This rise underscores institutional investors' resilience amid turbulent cryptocurrency conditions.
Bitcoin’s price fell from a high of $72,000 to a low of $56,000, a significant 12% drop. Nonetheless, leading financial institutions like Goldman Sachs and Morgan Stanley increased their Bitcoin ETF holdings, highlighting a shift towards institutional adoption.
Source: www.thecoinrepublic.com ↗
