Bitcoin ETF Boom: Bloomberg Uncovers Ownership By 1,950 Funds

Quick Summary:

A recent report by Bloomberg revealed that new hedge funds, pension funds, and banks own and continue to pour capital into the successful spot Bitcoin ETF market launched earlier this year in the United States.

Noelle Acheson, author of the Crypto Is Macro Now newsletter, highlights the growing number of Bitcoin ETF holders as a sign of investor conviction and diligent research.

The buyers list also encompasses diverse entities, from the State of Wisconsin Investment Board to market makers across global financial hubs like Hong Kong, the Cayman Islands, Canada, and Switzerland.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Ronaldo Marquez

Category: Crypto

Markets: HungaryCanadaCayman IslandsHong KongSwitzerlandUnited States

Topics: Bitcoin ETF Crypto BTCUSDT Crypto news Cryptocurrency Bitcoin news Cryptocurrencies Btc Bitcoin News Bitcoin price Btcusd Btc price Bitcoin ETFs Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-16 @ 15:00:49 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 453 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22104723

View Article Analysis

About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 17 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions