Investment advisors increased their holdings of Bitcoin ETF spot by 1.1 billion USD in Q2 this year

According to Bitcoin Magazine, investment advisors net bought $1.1 billion in spot Bitcoin ETFs in the second quarter of this year, consolidating their position as significant holders. Despite the fall in Bitcoin's price during the second quarter, the absolute value of Bitcoin ETFs owned by investment advisors increased to $4.3 billion at the end of the second quarter, indicating that acceptance and adoption of Bitcoin ETFs are continuously increasing.