According to the latest data, institutional investors are looking for Spot Bitcoin 
$66,872 The ETF owns 20% of its shares. According to CryptoQuant CEO Ki Young Ju, institutional holders hold approximately 193,000 BTC through ETFs.
Leaders Among Institutional Bitcoin Funds
According to US Securities and Exchange Commission (SEC) 13F filings, BlackRock’s IBIT fund stands out as the fund holding the most institutional Bitcoin. However, ARK 21Shares Bitcoin ETF leads in terms of ownership percentage.
Institutionals and Bitcoin ETFs
Ki Young Ju states that 1,179 institutional investors hold Bitcoin through ETFs. These corporates include important names such as Goldman Sachs and Jane Street.
Market Value of Bitcoin Funds
Verified Bitcoin funds hold approximately 1 million BTC in total. This amounts to 4.6% of Bitcoin’s total supply, and the funds are worth around $64.25 billion. Spot Bitcoin ETFs in the US grew rapidly and reached this level after being approved in January 2024.
There were outflows from some funds on the last trading day. While Bitwise’s BITB lost 327 BTC, 4,869 BTC was added to BlackRock’s IBIT. In this process, crypto funds in Australia also became active. In particular, the Global X 21 Shares Bitcoin ETF attracts attention with its annual return rate of 118.1%.
Local Crypto Funds
In Australia, DigitalX’s BTXX and VanEck’s VBTC ASX are among the noteworthy local funds. Also Monochrome’s IBTC Bitcoin and IETH Ethereum 
$2,522 funds also attract the attention of investors.
Institutional investors’ interest in Bitcoin ETFs is seen as a significant step in the crypto market. This development could contribute to broader acceptance of Bitcoin in financial markets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
