Matrixport: Institutional investors may enter the market slower than expected
Odaily2024/06/24 10:18
By:Odaily
Odaily News Matrixport published a statement saying that data from several
Bitcoin ETEF issuers showed that institutional investors including asset management companies, investment advisors, pension funds and sovereign wealth funds are buying Bitcoin spot ETFs. However, since mid-March, capital inflows have been almost zero, and with $1.2 billion in capital outflows seen in the past ten days, institutional investors may be entering the
market slower than expected.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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