Remarkable 15% Surge: BlackRock IBIT Institutional Holders Signal Major Bitcoin Adoption

BitcoinWorld Remarkable 15% Surge: BlackRock IBIT Institutional Holders Signal Major Bitcoin Adoption Have you noticed how institutional money is flooding into Bitcoin? The latest data reveals an exciting development: BlackRock’s IBIT Bitcoin ETF just experienced a remarkable 15% increase in institutional holders during Q3. This surge signals a major shift in how traditional finance views cryptocurrency investments. Why Are BlackRock IBIT Institutional Holders Growing So Rapidly? The third quarter brought significant growth for BlackRock’s spot Bitcoin ETF. According to TraderT analysis, the number of BlackRock IBIT institutional holders jumped by 15% compared to the previous quarter. This growth isn’t just about numbers – it represents a fundamental change in investment strategy among major financial players. More importantly, the proportion of institutional investors among all IBIT holders increased by one percentage point to reach 29%. This means nearly one-third of all IBIT investors now come from institutional backgrounds. The trend clearly...

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