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IBIT currently holds nearly 20% of all Bitcoin holdings listed, but public companies prepare to acquire more BTC and shake the supply distribution.
Gino Matos 2 min read 
In addition to the significant inflows, recent data shows that institutional interest surpassed $1 billion in the first quarter.
CoinShares reported decreasing appeal of the basis trade as likely reason for profit-taking, resulting in declining ETF exposure.
JP Morgan CEO Jamie Dimon revealed the bank will offer Bitcoin, but he is still "not a fan" of the flagship cryptocurrency.
The Mubadala Investment Company acquired over 491,000 shares of spot Bitcoin ETF IBIT during the first quarter, despite the slide below $90,000.
The regulator postponed decisions on three crypto-related ETFs, while acknowledging 21shares' Dogecoin ETF filing.
Grayscale's fund targets firms using Bitcoin as a hedge against inflation and treasury diversification.
According to James Seyffart, despite SEC's approval, the ETFs will launch on the short or medium term instead of April 30.
Polymarket traders foresee an 83% chance of Solana ETF approval before year's end.
