US Bancorp, Rothschild firm disclose spot Bitcoin ETF purchases of roughly $20 million in Q1
Institutional investment in spot Bitcoin ETFs continues to grow as companies file their 13F forms for the first quarter.
Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.
Hightower has invested $68 million, while SouthState Bank has invested $577,000 in several spot BTC ETFs.
Net inflows since January remain high at $17.5 billion.
SEC approval of 11 Bitcoin ETFs in January 2024 marks a significant liquidity and credibility milestone for Bitcoin.
Meanwhile, BlackRock's top executive said the firm is seeing a resurgence in interest from sovereign wealth funds.
HB Lim of BitGo analyzes Hong Kong's new spot ETFs and their potential to shape the regional crypto market and regulatory practices.
Market stakeholders believe that the Hong Kong ETFs would still have a significant impact on the market, regardless.