Emory University recently invested $15.8 million in spot Bitcoin (BTC) exchange-traded funds (ETFs), making it the first endowment to do so. According to Bloomberg senior ETF analyst Eric Balchunas, this investment shows that every major institutional category, such as banks, hedge funds, and insurance companies, are now represented in Bitcoin ETFs.
This broad representation demonstrates the rising interest in Bitcoin ETFs across institutional sectors. Bitcoin ETFs have attracted both retail and institutional investors, amassing over 938,700 BTC in cumulative holdings, which is approximately $63.3 billion in assets under management and represents 5.2% of Bitcoin’s total supply.
These ETFs have contributed to market growth and added a layer of stability, as institutional participation increases liquidity and reduces price volatility.
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<p>The post Emory University Invests 158 Million in Spot BTC ETFs Institutions Now Fully Represented in Bitcoin ETFs first appeared on CoinBuzzFeed.</p>
