
Retail Investors Lead in Spot Bitcoin ETFs
26.10.2024
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0According to a report from Binance, retail investors account for nearly 80% of the total assets under management (AUM) in spot Bitcoin ETFs since their launch. As of October 10, a significant portion of these assets did not come from new investments, but rather from transfers of funds from cryptocurrency wallets and centralized exchanges into more secure funds.
Analysts note that spot ETFs are attracting both new and existing investors who prefer a regulated fund structure. At the same time, interest from institutional players, including investment advisors and hedge funds, is growing, although many organizations remain cautious.
Spot Bitcoin ETFs were launched in the U.S. in January 2024 and have already attracted over $21.6 billion in just 10 months.