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

Institutional traders held 25.4% of the belongings in management (AUM) of Spot Bitcoin (BTC) Trade-Traded Funds (ETFs) from December 31-in a complete of $ 26.8 billion.

K33 Analysis Head of Analysis Vetle Lunde shared That the share of Bitcoin ETF AUM that was held by establishments grew by 113% grew between the third and fourth quarter of 2024.

As well as, the AUM ratio of establishments rose by 4.1% quarter, as a result of the entire quantity on the finish of the fourth quarter elevated by 69% to $ 78.8 billion.

Based on Lunde, the variety of traders that was uncovered to Bitcoin through ETFs within the final quarter reached 1,576, a quarterly leap of 37.4%. Within the meantime, the annual leap was 68.2%.

Ibit Dominance

The info from Lunde has additionally proven that institutional curiosity within the BlackRock Ibit in 2024 grew greater than 4x.

Establishments reported $ 16 billion in IBIT shares on the finish of the fourth quarter of final 12 months, in comparison with lower than $ 4 billion through hares on the finish of the primary quarter. The vast majority of the expansion was included between the third and fourth quarter.

Lately, Mubadala Funding Firm, one of many largest sovereign wealth funds from Abu Dhabi, nearly $ 437 million reported In Bitcoin publicity by Ibit on the finish of the fourth quarter.

As well as, the state of Wisconsin Funding Board (SWIB) elevated by 110% of its BTC investments through IBIT in the identical interval, which exceeds $ 321 million. SWIB realized the shares of different Bitcoin ETFs, similar to GBTC from Grayscale, and from December 31 she solely stored publicity to BlackRock’s IBIT.

The FBTC from Constancy additionally expanded significantly, nearly 100% quarterly. Nonetheless, the entire AUM of institutional corporations continues to be round $ 5 billion.

Based on Daring Report Information, BlackRock’s Spot Bitcoin ETF has Nearly $ 56.4 billion in AUM, whereas The overall AUM of all different US Commerce Spot Bitcoin ETFs collectively is $ 56.9 billion.

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Writer

Gino Matos

Reporter at CryptoSlate

Gino Matos graduated from the legislation research and an skilled journalist with six years of expertise within the crypto trade. His experience focuses totally on the Brazilian blockchain ecosystem and developments in Decentralized Finance (Defi).

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Assad Japhri

Editor & Reporter at CryptoSlate

AJ, a passionate journalist for the reason that Arab Spring of Jemen 2011, has tightened his expertise worldwide for greater than ten years. Specialised in monetary journalism, he’s now specializing in crypto reporting.