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Institutional investors significantly increase Bitcoin ETF positions by $38.7 billion

According to the 13F report of the U.S. Securities and Exchange Commission (SEC), in the fourth quarter of 2024, large institutions such as pension funds and hedge funds tripled their positions in spot bitcoin exchange-traded funds (ETFs) to $38.7 billion, far exceeding the $12.4 billion in the previous quarter. Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, said that IBIT currently has 1,100 institutional holdings, and newly launched ETFs usually have fewer institutional holders in the first year.(CoinDesk)

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