Spot Bitcoin ETFs Gains Traction As Institutional Investors Spike In Q2 – Expert

Quick Summary:

The historical Spot Bitcoin Exchange-Traded Funds (ETFs) have been a pivotal advancement for the entire cryptocurrency sector, attracting retail and institutional investors.

Recent data shows that the institutional investors of the products have witnessed a notable surge as BTC continues to hold steady.

K33 Research revealed 262 new firms jumped into the US spot Bitcoin ETF market, pushing the total to 1,199 by June 30.

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Article Details

Author / Journalist: Godspower Owie

Category: Crypto

Markets: HungaryJapanUnited States

Topics: BTCUSDT Bitcoin Spot Exchange-Traded Funds Bitcoin Youtube Crypto Banter Btc Accumulation Phase Bitcoin Halving Bitcoin News ETFs Kyle Doops Bitcoin whales Btcusd K33 Research

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-19 @ 12:00:36 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 441 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 22138785

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About Bitcoinist

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Official Website: bitcoinist.com

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News Last Updated: 9 hours ago

Coverage Areas: Hungary

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