K33 Research analyst: As of the end of March, 937 professional companies had invested in the U.S. Bitcoin Spot ETF

Golden Finance reported that K33 Research senior analyst Vetle Lunde posted on the X platform that according to the 13F report, as of March 31, 937 professional companies had invested in the U.S. Bitcoin spot ETF. By comparison, gold ETFs had 95 professional firms invest in the first quarter (Bitwise). Retail investors hold the majority of the circulating market, and as of the end of the first quarter, exposure held by professional investors was $1.106 billion, accounting for 18.7% of Bitcoin ETF AUM. Overall, the largest ETFs attracted the most institutional money, with ARKB and HODL gaining greater institutional dominance, driven by ARK and VanEck's allocations to these ETFs.