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Wall Street Embraces Bitcoin: Top 80 Institutional Holders Revealed

Published 06/13/2024, 02:30 AM
Updated 06/13/2024, 03:15 AM
© Reuters.  Wall Street Embraces Bitcoin: Top 80 Institutional Holders Revealed
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  • Top institutions revealed as major Bitcoin ETF holders.
  • Growing institutional interest signals increased crypto acceptance.
  • Potential regulatory shifts and market impacts warrant further analysis.

Bitcoin Magazine’s recent post on X highlighted growing institutional interest in Bitcoin, revealing the top 80 institutional holders of Bitcoin ETFs based on SEC filings. This revelation signals a milestone in cryptocurrency, suggesting increasing mainstream acceptance of Bitcoin and other cryptocurrencies.

Notable entries on the list include renowned investment management firms and financial advisors, such as Millennium Management LLC, Horizon Kinetics LLC, and ARK Investment Management LLC. The substantial investments made by these institutions indicate strong institutional backing, potentially influencing the stability and growth of the cryptocurrency market.

These institutions’ involvement in the Bitcoin ETF market is a critical signal for other investors, indicating their confidence in cryptoc…

The post Wall Street Embraces Bitcoin: Top 80 Institutional Holders Revealed appeared first on Coin Edition.

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