Crypto News

Securities and Exchange Commission (SEC) show that banks, not institutions, are buying up BTC. The Truth about Bitcoin ETFs and Institutional Investment According to recent mandatory 13F filings with the SEC, it seems that banks, not institutions, are the ones heavily investing in Bitcoin. Despite the popular narrative that institutional investors are the main driving force behind the rise in Bitcoin ETFs, macro strategist Jim Bianco is challenging this belief. Bianco, with his large following on X, is blowing up the notion that institutions and high-net-worth individuals are the ones heavily accumulating shares in Bitcoin ETFs. Instead, he claims that it is actually banks who are buying up BTC. The New Face of Bitcoin Investment: Banks While many have been quick to point to institutional investment as the reason for the recent surge in Bitcoin ETFs, it seems that banks have been the silent players in this market. With the mandatory 13F filings revealing their significant inv...