Institutional interest in Bitcoin (BTC) continues to soar, with new data revealing significant growth in holdings of Spot BTC ETFs in the second quarter of 2024. According to Julian Fahrer, Co-Founder of Apollo Sats, 13F filings show a marked increase in Bitcoin ETF positions among institutional investors. Moreover, more institutions are expected to reveal their exposure in these ETFs via 13F filings due next month.
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