Home News Institutional investors hold $27B in Bitcoin ETF shares, controlling over 25% of total AUM

Institutional investors hold $27B in Bitcoin ETF shares, controlling over 25% of total AUM

by Jaron Sanford

Institutional investors hold $27B in Bitcoin ETF shares, controlling over 25% of total AUM

Institutional investors preserve $27B in Bitcoin ETF shares, controlling over 25% of total AUM

Institutional investors preserve $27B in Bitcoin ETF shares, controlling over 25% of total AUM Institutional investors preserve $27B in Bitcoin ETF shares, controlling over 25% of total AUM

Institutional investors preserve $27B in Bitcoin ETF shares, controlling over 25% of total AUM

13F kinds printed that institutional exposure to Bitcoin by ETFs grew 113% between Q3 and Q4.

Institutional investors preserve $27B in Bitcoin ETF shares, controlling over 25% of total AUM

Duvet art/illustration by CryptoSlate. Image contains blended shriek material that might perchance well also simply embody AI-generated shriek material.

Institutional investors held 25.4% of the sources under administration (AUM) of location Bitcoin (BTC) change-traded funds (ETFs) as of Dec. 31 — totaling $26.8 billion.

K33 Analysis head of be taught Vetle Lunde shared that the proportion of Bitcoin ETF AUM held by institutions grew 113% between the third and fourth quarters of 2024.Â

Moreover, the AUM ratio held by institutions increased by 4.1% quarterly, because the total amount jumped 69% to $78.8 billion on the cease of the fourth quarter.

Essentially primarily based totally on Lunde, the different of investors uncovered to Bitcoin by ETFs reached 1,576 in the final quarter, a 37.4% quarterly soar. Meanwhile, the yearly soar turned into 68.2%.

IBIT dominance

Lunde’s data also printed that institutional curiosity in BlackRock’s IBIT grew over 4x in 2024.

Institutions reported $16 billion in IBIT shares on the cease of the fourth quarter of ultimate one year, compared to not up to $4 billion by hares on the cease of the principle quarter. Quite loads of the enhance turned into recorded between the third and fourth quarters.

Now not too lengthy ago, Mubadala Investment Company, one in every of Abu Dhabi’s largest sovereign wealth funds, reported simply about $437 million in Bitcoin exposure by IBIT on the cease of the fourth quarter.Â

Moreover, the Disclose of Wisconsin Investment Board (SWIB) increased 110% of its BTC investment by IBIT in the similar length, surpassing $321 million. SWIB realized the shares from assorted Bitcoin ETFs, equivalent to Grayscale’s GBTC, and as of Dec. 31, handiest held exposure by BlackRock’s IBIT.

Constancy’s FBTC also expanded considerably, simply about 100% quarterly. Nonetheless, the total AUM of institutional holdings is aloof around $5 billion.

Essentially primarily based totally on Daring Dispute data, BlackRock’s location Bitcoin ETF has simply about $56.4 billion in AUM, while the total AUM of all assorted US-traded location Bitcoin ETFs blended is $56.9 billion.

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Source credit : cryptoslate.com

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