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CryptoQuant: Over 75% of new Bitcoin investments in the past two weeks have come from spot ETFs
Bitget2024/02/15 13:01
According to a report by on-chain data analysis company CryptoQuant on February 14, over the past two weeks, more than three-quarters of new Bitcoin investments came from spot
Bitcoin ETFs (excluding Grayscale GBTC).
The report stated: "We estimate that over 75% of new Bitcoin investments come from these ETFs. Moreover, measured by realized
market value, investments from these ETFs have increased to 2% of the total historical investment in Bitcoin within just one month."
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