Bitcoin Exchange Balances Decline: Investors Embrace ETFs

A significant shift in how Bitcoin is held is unfolding within the crypto market. As seen through data from CryptoQuant, exchanges are witnessing a decline in Bitcoin balances. This isn’t about a supply shortage; rather it points towards a fundamental change in investor behavior as many are opting for regulated structures like spot Bitcoin Exchange-Traded Funds (ETFs). This move reflects the growing acceptance of Bitcoin within mainstream finance.