Bitcoin has fallen by 12% in the last month, falling below $50,000 in a sharp correction at the beginning of August.
This decline caused some investors to panic and sell at a loss, while others saw it as a buying opportunity.
Institutional Investors Are Coming For Bitcoin (BTC)!
According to Bitwise’s report, institutional investors saw these declines as opportunities and increased their Bitcoin investments.
Bitwise said in its latest report that the decline in BTC price has not deterred institutional investors from investing in BTC ETFs.
According to Coindesk, Bitwise analysts stated that the number of institutional investors investing in spot Bitcoin ETFs increased by 14 percent in the second quarter.
The report stated that the number of institutional investors holding Bitcoin ETFs increased by 14 percent in the second quarter compared to the first quarter, from 965 to 1,100.
Bitwise also added that institutional investors ended the second quarter holding $11 billion worth of BTC ETFs.
Bitwise chief investment officer Matt Hougan stated the following in the report:
“Institutional investors increasing their ETF investments is a great sign for Bitcoin.
Imagine what could happen in a bull market if institutions were buying Bitcoin even when prices were volatile.
The biggest question in the crypto space right now is whether institutions and professional investors will invest significantly in crypto.”
In its latest report, Bitwise criticized claims that the vast majority of spot Bitcoin ETFs belong to retail investors, saying that this claim is completely false.
Bitcoin ETF inflows are expected to be greater in 2025 than in 2024 and greater in 2026 than in 2025, Bitwise analysts said, noting that institutions are adopting Bitcoin ETFs at the “fastest rate in history.”
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/bitwise-the-institutional-investor-army-is-coming-for-bitcoin-think-bullish/