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Lucas
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Title: ETF demand has been mostly retail-driven; institutional demand picking up. - The top 80 holders of Bitcoin ETFs include a diverse array of hedge funds, asset managers, and institutional investors such as Millennium Management LLC, Susquehanna International Group, Jane Street Group, and ARK Investment Management. The involvement of these financial heavyweights marks a significant milestone for cryptocurrency adoption, underscoring the growing acceptance of Bitcoin as a legitimate and valuable asset class.
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Institutional involvement is a crucial catalyst for Bitcoin's mainstream acceptance. This influx of retail and institutional demand could lead to increased price stability and a more robust market structure.
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