Crypto Institutions Gobble Up Billions In Bitcoin ETFs, Stockpiling 250,000 BTC - Details

Institutional investors have significantly embraced Bitcoin ETFs, accumulating 250,000 BTC and revitalizing the crypto market post-FTX collapse. Entities like Millennium Management and public pensions, including Wisconsin, have made substantial investments, highlighting a growing confidence in Bitcoin's future. Meanwhile, retail investors remain cautious, deterred by past market volatility and the complexities of ETFs, leading to a decline in new Bitcoin address creations.