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BTC fell nearly 15% in the second quarter. However, this decline in value did not affect the demand for BTC ETFs from institutional investors.
Despite the significant Fluctuation in Cryptocurrency market prices, institutional investors' demand remains active, which has been positively responded to by market participants. According to the report submitted to the Securities and Exchange Commission (SEC) of the United States, 66% of institutional investors either increased their Spot BTC ETF positions in the US market or kept them unchanged. Specifically, 44% of asset managers increased their BTC ETF assets, while 22% continued to hold their assets. In addition, only 13% of institutional investors Close Position, while 21% chose to reduce their assets.