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"Institutional Investors' Bitcoin Adoption Accelerates... Increased Trust in Investment Products"

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YM Lee
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  • It was stated that institutional investors' adoption has accelerated since the launch of Bitcoin spot ETF products this year.
  • It was reported that companies like MicroStrategy are using Bitcoin as a strategic reserve asset, increasing institutional demand.
  • The participation of institutional investors has increased Bitcoin's liquidity, stability, and reliability, signaling the integration of the financial system.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

An analysis has emerged indicating that institutional investors' interest in Bitcoin (BTC) has surged significantly this year.

On the 8th, the on-chain analysis platform CryptoQuant released a weekly cryptocurrency report titled 'Massive Bitcoin Adoption by Institutional Investors,' stating, "Since the launch of Bitcoin spot Exchange-Traded Fund (ETF) products in January this year, institutional adoption has accelerated. By the end of this year, spot ETFs are expected to hold over 1 million BTC, indicating increased trust in investment products through strong institutional demand."

It also emphasized that the buying trend of companies like MicroStrategy (MSTR) is influencing the value increase.

The report explained, "MicroStrategy has increased its Bitcoin holdings from 189,000 BTC to 402,000 BTC, becoming the largest holder among companies, and as mining-related companies like Marathon Digital (MARA) increasingly adopt Bitcoin as a strategic reserve asset, institutional investor demand has also risen."

The participation of asset managers and hedge funds was also a notable achievement. CryptoQuant reported, "Due to the participation of institutional investors, trading volume has significantly increased, and the influx of these institutional investors has signaled the integration of Bitcoin's liquidity, stability, and reliability into the global financial system."

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