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ETH $2,391.80 -1.72%
BNB $686.14 -1.80%
XRP $1.45 -8.13%
SOL $92.34 -2.25%
TRX $0.3420 -1.02%
DOGE $0.0898 -2.97%
ADA $0.2160 -7.92%
BCH $267.13 -5.32%
LINK $11.24 -5.21%
HYPE $78.55 -2.37%
AAVE $122.30 +1.47%
SUI $0.7877 -8.25%
XLM $0.1896 -9.81%
ZEC $790.76 -0.87%

Matrixport: The pace of institutional investors' entry may be slower than expected

2024-06-24 17:52:26

ChainCatcher news, Matrixport reported that multiple Bitcoin ETF issuers show that institutional investors, including asset management companies, investment advisors, pension funds, and sovereign wealth funds, are purchasing Bitcoin spot ETFs. However, since mid-March, the inflow of funds has been nearly zero, and in the past ten days, there has been an outflow of $1.2 billion, indicating that the pace of institutional investor entry may be slower than expected.

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