$BITCOIN is making waves on Wall Street as institutional investors increase their exposure through exchange-traded funds (ETFs).
Recent
data
shows that spot $BTC Bitcoin #BTC110KToday? ETFs now hold over 1.24 million BTC, which is about 6% of the total circulating supply. This is a big deal for Bitcoin’s integration with traditional finance.
In my openinan ETF giants like BlackRock, Fidelity and others are still buying bitcoin despite global tensions, high interest rates and market uncertainty.
These holdings have been growing since the launch of spot Bitcoin ETFs in early 2024 and reflect the growing institutional demand for the scarce digital asset.
Even during recent geopolitical turmoil, $BTC Bitcoin Etfs didn’t flinch. Over the last two weeks, as tensions escalated in the Middle East, ETFs had 10 straight days of inflows, according to Farside Investors.