Company Increases Bitcoin Holdings Through ETF Latest Cryptocurrency News

Coin World News Report:
Recent statistical data shows that institutional entities are investing heavily in the spot Bitcoin ETF, collectively holding 20% of its shares, equivalent to approximately 193,000 BTC. This significant accumulation highlights the increasing acceptance of Bitcoin among major institutional participants.
Which funds are leading in Bitcoin holdings?
According to SEC 13F filings, BlackRock’s IBIT fund has emerged as the leader in institutional Bitcoin holdings. Meanwhile, ARK’s 21Shares Bitcoin ETF is leading in terms of ownership ratios, indicating varying degrees of institutional participation among different funds.
How many institutions hold the Bitcoin ETF?
Ki Young-Ju emphasizes that 1,179 institutional investors are participating in Bitcoin trading through the ETF, including well-known companies such as Goldman Sachs and Jane Street, demonstrating strong corporate interest in this asset class.
The market valuation of approved Bitcoin funds is noteworthy, holding approximately 1 million BTC, accounting for about 4.6% of the total Bitcoin supply, with a value of approximately $64.25 billion. The approval of Bitcoin spot ETFs in January 2024 has stimulated rapid growth in the industry.
Institutional confidence in Bitcoin is strengthening.
BlackRock and ARK are leading in Bitcoin fund holdings.
The Bitcoin ETF market is expanding rapidly.
Local funds in Australia are gaining attraction.
The increasing institutional participation signifies a crucial moment for Bitcoin in traditional finance, potentially paving the way for wider market acceptance and integration.