US Dominates Global Bitcoin ETF Inflows with $10 Billion AUM in Q1
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The post US Dominates Global Bitcoin ETF Inflows with $10 Billion AUM in Q1 appeared first on Coinpedia Fintech News
In a recent filing, the US led the global Bitcoin ETF inflow as US Spot BTC ETFs managed to pull in $10 billion in Assets Under Management in Q1, with a remarkable 937 institutional investors considering investing. Top American banking giants Morgan Stanley and Wells Fargo have recently surprised the industry by revealing their substantial Bitcoin ETF holdings. Millennium Management emerged as the largest institutional player with $2 billion invested. Susquehanna International Group (SIG) and Boothbay Fund Management also made significant investments, underscoring substantial US participation in leading the successful ETF market.
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