Institutional Investors Fuel Bitcoin Supply Crunch

Bitcoin’s recent surge to new all-time highs is fueled by a growing influx of institutional investors. Data from SEC filings reveals that investment advisors, the most prominent class among ETF buyers, hold a commanding position in Bitcoin ETFs. These advisors account for a significant 20% of total BTC holdings and are poised to increase their exposure as demand grows, particularly from wirehouses. This trend suggests a shift from retail investors to institutional buying forces.