Bitcoin ETF

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<ul> 
 <li><strong>Despite market volatility, 66% of institutional investors held or increased their Bitcoin ETF positions in Q2 2024, reflecting robust confidence.</strong></li> 
 <li><strong>Major banks like Morgan Stanley and Goldman Sachs significantly increased their Bitcoin ETF holdings, underscoring sustained institutional commitment.</strong></li> 
</ul>  
<p>In the second quarter of 2024, 66% of institutional investors either held or increased their Bitcoin ETF <a href="https://www.crypto-news-flash.com/adoption-wave-coming-for-bitcoin-more-us-states-to-follow-wisconsin-by-investing-in-spot-btc-etfs/">positions</a>, according to Bitwise. This development aligns with CNF’s recent <a href="https://www.crypto-news-flash.com/bitcoin-sell-off-triggers-bargain-prices-for-etf-investors-can-it-push-btc-price-back-to-70000/">update</a> on the Bitcoin sell-off triggering bargain prices for ETF investors—potentially pushing BTC’s price back to $70,000.</p> 
<p>Despite a 14.5% drop in asset value over the quarter, 44% of asset managers expanded their Bitcoin ETF holdings, while only 21% reduced their positions.</p> 
<p>Bitwise’s Matt Hougan noted that institutional investors have shown resilience, continuing to adopt Bitcoin ETFs despite market volatility. In his tweet, Hougan also noted that the 30% increase in holder/ETF pairs reflects strong institutional commitment, with major investment banks like Morgan Stanley and Goldman Sachs showing significant exposure to Bitcoin ETFs.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">A few initial thoughts after reviewing the Q2 Bitcoin 13-F filings:</p> 
 <p>1) The Institutions Are Still Coming; Total Filings Are Up: I count 1,924 holder&lt;&gt;ETF pairs across all 10 ETFs, up from 1,479 in Q1. That's a 30% increase; not bad considering prices fell in Q2.</p> 
 <p>Of course, this…</p> 
 <p>— Matt Hougan (@Matt_Hougan) <a href="https://twitter.com/Matt_Hougan/status/1823862825577844953?ref_src=twsrc%5Etfw">August 14, 2024</a></p>
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<h2 id="two-thirds-hold-or-buy-more-in-q2">Two-Thirds Hold or Buy More in Q2</h2> 
<p>The number of holder/ETF pairs rose by 30% from Q1 to Q2, reflecting strong institutional interest. Notably, investment banks like Morgan Stanley and Goldman Sachs have significant holdings in Bitcoin ETFs, with Morgan Stanley owning $188 million in BlackRock’s iShares Bitcoin Trust.</p> 
<p>This trend underscores steady institutional commitment to Bitcoin, despite fluctuations in asset prices. According to market dynamics, a recent CNF <a href="https://www.crypto-news-flash.com/investors-rush-to-buy-poodlana-as-bitcoin-etf-inflows-explode/">update</a> previously discussed that investors rushed to buy Poodlana as Bitcoin ETF inflows exploded. As for now, Bitcoin (BTC) is tarding at <strong>$58,087.91</strong> decreased by <span style="color: #ff0000;"><strong>4.53%</strong></span> in the past day and&nbsp; surged by <span style="color: #008000;"><strong>1.48%</strong></span> in the past week.</p> 
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Bitcoin ETF Institutional Investors Show Confidence: Two-Thirds Hold or Buy More in Q2

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