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Bitcoin Spot ETFs see increased institutional participation in Q3

According to BlockBeats, recent data from the third quarter indicates a growing institutional interest in Bitcoin spot ETFs. In the third quarter, BlackRock’s IBIT ETF saw a notable increase in institutional participation.

The number of institutional holders rose by 10% to a total of 639. These institutions collectively held 148 million shares, marking a 19% increase from the previous quarter.

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