Coinbase: Institutional Holdings of Bitcoin ETFs Increase and Are Expected to Continue to Grow

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Bitget2024/08/17 13:30

According to an August 16th report from Coinbase, the percentage of institutional holders labeled as “investment advisors” increased by 3% in the second quarter of 2024, and now represents 9% of total institutional investments.
According to Coinbase, the percentage of investment advisors holding spot bitcoin ETFs is likely to increase further as more brokerage firms complete due diligence on these funds.

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