701 New Funds are Reported to Hold Physical Bitcoin ETF
CryptoNewsTerminal Staff15 Aug, 2024
701 New Funds are Reported to Hold Physical Bitcoin ETF
The latest SEC filing reveals that a massive 701 new funds are reported to hold physical Bitcoin ETFs. This insightful data was gathered from the second-quarter reports filed with the U.S. Securities and Exchange Commission (SEC), providing a comprehensive snapshot of the growing institutional adoption of Bitcoin. The surge in funds holding Bitcoin ETFs highlights the increasing recognition of Bitcoin as a legitimate asset class and its potential for long-term growth, solidifying its position in the financial landscape.