Emory University first endowment to invest in spot Bitcoin ETFs with $15.8M commitment

Emory University first endowment to invest in spot Bitcoin ETFs with $15.8M commitment
фото показано с : cryptoslate.com

2024-10-29 19:17

Emory University has become the first endowment to report an investment in spot Bitcoin (BTC) exchange-traded funds (ETFs), with a total exposure of $15.8 million, according to recent 13F filings.

Bloomberg senior ETF analyst Eric Balchunas noted that with Emory’s investment, every major institutional category is now represented in Bitcoin ETFs, including endowments, banks, hedge funds, insurance companies, advisors, pension funds, private equity, holding companies, venture capital, trusts, family offices, and brokerage firms.

Balchunas further highlighted that this broad representation indicates the rising interest in Bitcoin ETFs across institutional sectors. He added:

“Absolutely insane feat for category less than year old, akin to winning all four tennis grand slams bf 16th bday.”

Rapid adoption

Since bitcoin ETFs launched less than a year ago, institutional participation has surged.

According to a recent Binance Research report, over 1,200 institutions now hold bitcoin ETFs, demonstrating an adoption rate that far outpaces that of early gold ETFs, which saw only 95 institutional investors within their first year.

Bitcoin ETFs have attracted both retail and institutional investors alike, amassing over 938,700 BTC in cumulative holdings, equating to approximately $63.3 billion in assets under management and representing 5.2% of Bitcoin’s total supply.

These ETFs have not only contributed to market growth but also added a layer of stability, as institutional participation increases liquidity and reduces price volatility. Market depth, a measure of liquidity, has improved as capital from institutional investors and market makers flows into Bitcoin ETFs, leading to tighter spreads and steadier trading conditions.

Institutional adoption has contributed to Bitcoin’s expanding role in traditional finance, as the flagship crypto increasingly appeals to firms seeking alternative assets within a regulatory framework. Emory’s investment reflects this trend, highlighting the broader acceptance of digital assets within conventional financial portfolios.

The post Emory University first endowment to invest in spot Bitcoin ETFs with $15.8M commitment appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95406.79 (-0.07%)
Объем 24H $68.453b
Изменеия 24h: 0.17 %, 7d: 1.65 %
Cегодня L: $93967.9 - H: $96238.42
Капитализация $1888.154b Rank 1
Цена в час новости $ 71249.18 (33.91%)

bitcoin etfs emory spot university endowment funds

Источник: cryptoslate.com

bitcoin etfs → Результатов: 126


Фото:

Retail investors dominate demand for spot Bitcoin ETFs – Binance Research

Retail investors are leading the charge in the adoption of spot Bitcoin exchange-traded funds (ETFs), accounting for 80% of the total demand, according to a Binance Research report. According to the report, Bitcoin ETFs have seen accelerated adoption since their debut, with cumulative holdings now reaching over 938,700 BTC — approximately $63.

2024-10-25 19:52


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Whales Remain Determined, $3.96 Billion Worth Of BTC Gobbled Up In 96 Hours

All eyes are on Bitcoin, especially as many traders continue to anticipate a break above the $100,000 mark. This anticipation has cascaded into a spike in activity, especially among Bitcoin whales. Interestingly, Bitcoin whales are making bold statements amidst the anticipation, with on-chain data pointing to an accumulation of over 40,000 BTC in just 96 […]

VanEck maintains $180,000 Bitcoin target as bull market gains steam

VanEck’s latest Bitcoin (BTC) report reaffirmed its cycle price target of $180,000, citing strong bullish indicators that align with the current market rally. The asset manager highlighted key metrics, including funding rates, Relative Unrealized Profit (RUP), and retail interest trends, as signals that the bull market is still in its early stages.