Bitcoin ETFs Attract Solid Institutional Ownership Growth In Q2 – Details

Quick Summary:

Institutional investment in Bitcoin ETFs is driven by a startling 27% rise in adoption that occurs within the second quarter of 2024.

That increase reflects a growing confidence of institutional players in the digital currency market.

For instance, Goldman Sachs holds around 7 million shares worth nearly $418 million, while Morgan Stanley has acquired 5.5 million shares valued at $190 million.

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: Hungary

Topics: Bitcoin Crypto Digital currency ETF Btc Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-17 @ 20:00:52 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 464 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 22118789

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 10 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 13 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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