Retail Investors Fuel Bitcoin ETF Boom, Dominating 80% of Market Demand

2024-10-25 17:00

Latest Binance research reveals that Bitcoin ETFs now account for an average of 26.4% of BTC’s spot trading volume, with occasional peaks reaching up to 62.6%. This shift has contributed to Bitcoin’s growing market dominance.

The performance of Bitcoin ETFs has outpaced early Gold ETFs, with net inflows exceeding $18.9 billion in less than a year. Over 1,200 institutions have invested in Bitcoin ETFs, significantly higher than the 95 institutions that backed Gold ETFs in their early stages.

Bitcoin ETF Investments are Dominated by Retail Investors 

Retail investors represent 80% of the demand for Bitcoin ETFs, while institutional involvement has grown by 30% since the first quarter. Investment advisors have seen the largest growth, with a 44.2% increase in holdings.

Read More: What Is a Bitcoin ETF?

Although it may take years to fully integrate Bitcoin ETFs into broker-dealers, banks, and advisors, this gradual process is expected to drive wider adoption in the medium term, according to a Binance Research report shared with BeInCrypto. 

Institutional vs Non-institutional holdings of BTC ETF. Source: Binance

Investor interest in cryptocurrencies via ETFs continues to rise, with 45% of ETF investors planning to allocate to digital assets in the coming year. This positions crypto ETFs as the second most popular asset class after equities, overtaking bonds and alternative investments in demand.

“Gold racked up over 1 million ounces in ETF inflows last week, the biggest since October 2022—seriously wild! History shows when gold’s hype cools down, Bitcoin usually goes bananas. BTC’s chillin’ between $50K and $70K since April, while gold and silver keep mooning. With a solid $2 billion flowing into Bitcoin ETFs recently, peeps are hyped that after the US elections, BTC might finally blast past that all-time high,” Influencer Mario Nawfal wrote in an X post (formerly Twitter)

The research also shows that millennials are dominating the crypto ETF investments demographic. More than 62% of investors in this space belong to this demographic. In contrast, Baby Boomers have shown significantly lower interest.

ETF inflows have become a key market indicator for cryptocurrencies, as they often signal shifts in market trends. Fluctuations in ETF inflows and outflows have been closely linked to price movements in recent months.

Read More: How to Invest in Ethereum ETFs?

In comparison, Ethereum ETFs have seen weaker demand. Ethereum outflows reached nearly $103.1 million over the last few months. Notably, Ethereum ETFs recorded negative net flows in 8 of the past 11 weeks. 

The post Retail Investors Fuel Bitcoin ETF Boom, Dominating 80% of Market Demand appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 97601.92 (+0.05%)
Объем 24H $90.872b
Изменеия 24h: 4.33 %, 7d: 6.92 %
Cегодня L: $94006.77 - H: $97681.32
Капитализация $1929.732b Rank 1
Цена в час новости $ 68292.67 (42.92%)

bitcoin retail market etfs demand investors dominating

bitcoin retail → Результатов: 126


Фото:

Bitcoin Retail Buying Spikes, Adoption Accelerating?

On-chain data shows that Bitcoin retail investors have been aggressively buying the asset recently, a sign that adoption may accelerate. Bitcoin Shrimps Have Been Aggressively Accumulating Recently According to data from the on-chain analytics firm Glassnode, only 116 days in the entire history of the cryptocurrency have seen stronger accumulation from retail traders. The relevant […]

2023-4-5 21:25


Фото:

Sharp Decline in Retail Investments As Bitcoin Braces For Tough Times

Bitcoin has been experiencing a sharp decline in retail investments for 426 days since last year’s great miner migration out of China. According to a recent network analytics report by Glassnode, the decline equates to the retail investor purge experienced for 474 days during the infamous 2018 bear market. This comes even as the Bitcoin […]

2022-9-30 23:28


Фото:

$15 Billion Store Elektra Becomes First Retail Chain To Accept Bitcoin In Mexico

One of the largest retail stores in Mexico, Elektra has announced that it will now start accepting Bitcoin for purchases.  This is according to an announcement by the company’s founder and chairman Ricardo Salinas Pliego moments after the store changed the hero image on its website displaying the Bitcoin logo. “The rumors are true, ElektraMx […]

2021-12-18 17:00


Data: Retail Interest in Bitcoin Peaked Just Before 13% August Flash Crash

Bitcoin’s price has rebounded following a brief selloff seen earlier today that caused it to dip as low as $11,200 The cryptocurrency’s recent strength has come about due to the confluence of multiple factors that have all been helping to drive it higher It remains roughly $1,000 below its 2020 highs that were set in August, however, and there’s still a plethora of underwater investors Data reveals that retail interest in buying Bitcoin seemed to […]

2020-10-13 02:00


Bitcoin Retail Shopping App By Bitplaza Inc

As we are entering a period of accumulation and mass adoption, the use cases of crypto still remain unclear for everyday individuals that debate the value and impact it will have in society. While businesses and institutional investors are starting to implement blockchain into their business practices, crypto enthusiasts are still trying to find ways […] The post Bitcoin Retail Shopping App By Bitplaza Inc appeared first on NullTX.

2020-2-9 21:55


Фото:

American Retailer Target to Launch Open Source Blockchain for Supply Chains

In May 2018, Target Corporation, the eighth largest retailer in the United States, began working on an open source blockchain project for supply chain tracking called ConsenSource. According to a post released by Joel Crabb, the retail giant will also support the Hyperledger Grid, a project initiated in large part by Cargill, one of theRead MoreRead More.

2019-6-12 13:00


Фото:

Report: Retail Banks Still Wary of Blockchain Technology

While distributed ledger technology (DLT) is fast gaining traction in several sectors of the global economy including investment banking, remittance, payments, and others, a new report by McKinsey & Co has revealed that the retail banking ecosystem have been slower to integrate the technology due to regulatory challenges and other bottlenecks, reports Bloomberg on JuneRead MoreRead More.

2019-6-9 09:00


Bitcoin’s biggest advantage is its network effect, says Monero’s Riccardo Spagni

Bitcoin [BTC], the largest cryptocurrency by market cap, marked the first decade of decentralization this January 2019 by celebrating the 10th anniversary of its genesis block generation. Over the years, Bitcoin grabbed the attention of retail investors, institutional investors, regulating bodies and even powerful government bodies across the globe.

2019-6-4 07:37


Фото:

Walmart Joins Blockchain Consortium MediLedger to Track Pharmaceuticals

In a bid to bring more transparency to the supply chain of pharmaceutical goods, retail giant Walmart has joined blockchain consortium MediLedger, Coindesk reports, June 3, 2019. Tracking Pharmaceutical Goods with Blockchain Although blockchain technology is making encouraging inroads across myriads of industries, its utility in the supply chain management space is especially fascinating.

2019-6-3 19:00


Could Billionaires Buy 25% Of Bitcoin’s (BTC) Total Supply? Dadiani Syndicate Might Have a Say

Dadiani Syndicate helps large clients buy or sell Bitcoin There is an interested party that wants to purchase 25% of all the current Bitcoin supply In general, when retail investors want to purchase Bitcoin (BTC), the first thing that comes into their mind is to open an account on a cryptocurrency exchange, deposit some funds […]

2019-5-31 18:09


Bitcoin Bulls and Mainstream Media Not on the Same Page as Headlines and Price Shows Divergence

Bitcoin is more famous now in 2019 than it ever was before. The recent price spike caused the newest wave of people investing in the asset today. Traditional financial investors, giants from social media and even retail companies such as Starbucks are all talking about cryptos, this is a fact. However, most of the mainstream […]

2019-5-30 01:17