$BTC #EarnFreeCrypto2024 #Binance

Understand the current situation of Bitcoin:

A revolution is taking place in how ordinary or individual investors add exposure to bitcoin to their portfolios by approving ETFs. Simply buying shares in one of these funds through their brokerage, investors can now avoid the complexities associated with trading on cryptocurrency exchanges and managing digital wallets.

This development has the potential to dramatically increase demand for the limited and dwindling supply of bitcoin. However, this increased access for retail investors will fade compared to the wave of demand expected from institutional investors entering the market.

Potential impact of organisations:

But how much impact do these institutions have? As of May 15, it was estimated that around 700 professional investment firms owned around $5 billion in bitcoin ETFs. The road is led by Millennium Management, an investment firm that manages more than $64 billion, with $1.8 billion tied to bitcoin ETFs, about 3% of its total portfolio.

Future accounts and their impact

Although retail investors are currently the primary owners of these funds, reports suggest that about 10% of all assets associated with these funds come from institutions..