Institutional investors significantly increase Bitcoin ETF holdings by $38.7 billion

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According to the U.S. Securities and Exchange Commission (SEC)'s 13F report, in the fourth quarter of 2024, large institutions such as pension funds and hedge funds increased their holdings in Bit spot exchange-traded funds (ETFs) by three times, reaching $38.7 billion, far exceeding the $12.4 billion in the previous quarter. Bloomberg Intelligence senior ETF analyst Eric Balchunas stated that IBIT currently has 1,100 institutional shareholders, and newly launched ETFs typically have fewer institutional holders in the first year.

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