Spot Bitcoin ETFs Break Through the 5% Barrier—Is Mainstream Adoption Here to Stay?
A recent report has revealed that spot Bitcoin exchange-traded funds (ETFs) now account for 5% of the total Bitcoin supply, underscoring growing institutional interest in the cryptocurrency. According to Bitcoin Magazine, as of October 5, spot Bitcoin ETFs collectively manage over 911,000 BTC. This surge is a positive indicator of the increasing acceptance and adoption of Bitcoin in traditional financial…