TechFlow news, October 25 — According to a Cointelegraph report, Binance’s latest report shows that since the launch of spot Bitcoin ETFs, nearly 80% of demand has come from retail investors rather than institutional investors.
The report noted that retail investors are more inclined to move their assets from digital wallets and centralized exchanges into spot ETFs to obtain stronger regulatory protection. Nevertheless, institutional investor demand is also growing, particularly among investment advisors and hedge funds. However, traditional financial giants such as Vanguard Group, the world's second-largest ETF issuer, remain cautious toward Bitcoin ETFs.
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