Institutional Investors Take Control of Bitcoin Supply
Institutional investors have taken control of Bitcoin supply through spot ETFs and digital asset trusts. ARK Invest, led by Cathie Wood, reports that institutions now hold 12.2% of Bitcoin's total supply.
The firm has over $2.15 billion in crypto-linked assets, marking a significant shift from retail to institutional demand. This trend highlights the growth of institutional infrastructure and competition in crypto investment products.
ARK's fintech ETF allocates 29% to digital assets, including major crypto firms and its own Bitcoin ETF. New filings for CoinDesk 20 index ETFs aim to broaden investor access to diversified crypto portfolios.