44% of asset managers increased their Bitcoin ETF holdings, while 22% held their position, which was a “pretty good result,” according to Bitwise’s investment chief.
Around 66% of institutional investors held or increased their Bitcoin holdings via United States-based spot exchange-traded funds during the second quarter, according to Bitwise.
According to 13F filings with the Securities and Exchange Commission, 44% of asset managers increased their Bitcoin (BTC) ETF positions in the second quarter, while 22% held steady.
Only 21% decreased their positions, and 13% exited, which is “a pretty good result, on par with other ETFs,” commented Bitwise chief investment officer Matt Hougan in a post on X on Aug. 15.
