Part 6/11:
ETFs and Their Explosive Growth
The ETF landscape is heating up rapidly. Notably, iBit ETF set a record with 414 reported holders in the first quarter, despite trading starting only in mid-January. This high count of holdings indicates strong investor interest from smaller retail and institutional players alike.
Additionally, the total value of Bitcoin held within ETFs has surpassed $12 billion, a significant rebound since May and a clear sign that the second wave of institutional adoption is underway.