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Bitcoin ETF Boom: Bloomberg Uncovers Ownership By 1,950 Funds Bitcoinist 16 Aug 2024

Bitcoin ETF Boom: Bloomberg Uncovers Ownership By 1,950 Funds 📈

Bloomberg United States Bitcoin

A recent report by Bloomberg revealed that new hedge funds, pension funds, and banks own and continue to pour capital into the successful spot Bitcoin ETF market launched earlier this year in the United States.

The data shows that 701 new funds have entered the Bitcoin ETF arena, indicating strong institutional interest in the market.

Source: bitcoinist.com ↗

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