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Matrixport: Institutional investors may enter the market slower than expected

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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