Investment companies continue to accumulate Bitcoin

Investment companies continue to accumulate Bitcoin

The Bitcoin ETF, launched in Canada in February by the US-based investment firm Purpose Investment, reached a new high. According to Glassnode data, interest in the ETF launched by Purpose Investment increased during the decline in Bitcoin, and institutional investors continued to collect Bitcoin.

The amount of Bitcoin in the Purpose-owned ETF reached a new high as it rose to 19,692. The fact that the peak came during the decline in Bitcoin shows that the expectation of some investors in Bitcoin continues unabated. It is seen that 2000 BTC has been added to the ETF as of May 15.The Bitcoin ETF, launched in Canada in February by the US-based investment firm Purpose Investment, reached a new high.

According to Glassnode data, interest in the ETF launched by Purpose Investment increased during the decline in Bitcoin, and institutional investors continued to collect Bitcoin.

The amount of Bitcoin in the Purpose-owned ETF reached a new high as it rose to 19,692. The fact that the peak came during the decline in Bitcoin shows that the expectation of some investors in Bitcoin continues unabated. It is seen that 2000 BTC has been added to the ETF as of May 15.

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