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CryptoGlobe
2024-05-20 22:30:00

Crypto Whales Amassed Nearly $16.8 Billion Worth of Bitcoin After Spot ETF Launch

Crypto Whales Amassed Nearly $16.8 Billion Worth of Bitcoin After Spot ETF Launch

Institutional investors have entered the cryptocurrency space with force, with data suggesting that deep-pocketed investors gained interest in the space after the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States, leading to whales accumulating over $16 billion in BTC since. According to data shared by cryptocurrency analytics firm IntoTheBlock, the long-awaited arrival

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