Q2 Bitcoin Spot ETF Holdings See Significant Institutional Growth

According to Odaily, recent data released by Trader T highlights notable growth in institutional holdings of Bitcoin spot ETFs during the second quarter. The report provides detailed insights into the holdings of major institutions, showcasing a significant increase in both the number of institutional holders and the volume of shares held across various ETFs. BlackRock's IBIT ETF saw a 34% increase in institutional holders, reaching a total of 582. The number of shares held, excluding options, rose by 47% to 118 million. This substantial growth underscores the increasing interest and confidence in Bitcoin among institutional investors. Fidelity's FBTC ETF also experienced a notable rise, with the number of institutional holders growing by 25% to 303. The volume of shares held, excluding options, increased by 35% to 50.4 million. This trend reflects a broader acceptance and adoption of Bitcoin as a viable investment asset among traditional financial institutions. Bitwise's BITB ETF reported a 35% increase in institutional holders, totaling 139. The number of shares held, excluding options, surged by 50% to 14.7 million. This significant uptick highlights the growing interest in diversified Bitcoin investment products among institutional investors. Overall, the data indicates a robust growth in institutional participation in Bitcoin spot ETFs, suggesting a strengthening of Bitcoin's position within the financial markets.