Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 325
    CryptoMarketNewsSponsored Article

    Brett Price Prediction: Brett Hits $0.0556, While Troller Cat Climbs to $0.000017 With 69% APY Staking Power

    What if the next 60x meme coin wasn’t already at the top…

    By
    Benedikt Krüger
    May 31, 2025
    image 313
    CryptoMarketNewsSponsored Article
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    May 31, 2025
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    NewsCrypto
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    May 30, 2025
    image 30 May 2025 12 40 50
    CryptoMarketNews
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    May 30, 2025
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    NewsBitcoinCrypto
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    May 30, 2025
  • Cryptocurrency
    image 325
    Brett Price Prediction: Brett Hits $0.0556, While Troller Cat Climbs to $0.000017 With 69% APY Staking Power
    10 Min Read
    image 313
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    7 Min Read
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    7 Min Read
    image 30 May 2025 12 40 50
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    3 Min Read
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    5 Min Read
    Bybit MiCAR license
    Bybit Expands into Europe with MiCAR License and Vienna Headquarters
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Institutional Demand for Bitcoin at Its Peak! Demand Doubles!
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > News > Institutional Demand for Bitcoin at Its Peak! Demand Doubles!
News

Institutional Demand for Bitcoin at Its Peak! Demand Doubles!

the surge in institutional demand for Bitcoin with a focus on secure storage and large scale investment. Show Bitcoin symbols w
Ezeudo Nwosu
Last updated: October 29, 2024 12:47 pm
By
Ezeudo Nwosu
Published October 29, 2024
2 Min Read
Share

On October 29, CryptoQuant CEO Ki Young Ju reported a substantial increase in institutional demand for Bitcoin. Notably, the volume of BTC transferred to “whale” wallets—those holding large amounts of cryptocurrency—has surged, including transactions outside exchanges and mining pools. During the past year, around 278,000 BTC entered U.S. spot ETFs, with about 80% of these inflows attributed to individual investors.

Contents
Institutional Demand Outpaces Individual Investors by TwofoldDifferences Between ETF and Whale Wallets

Institutional Demand Outpaces Individual Investors by Twofold

Ki Young Ju highlighted that institutional investors are increasingly focused on security, opting for secure storage solutions. Currently, whale wallets holding over 670,000 BTC largely consist of these high-security institutional accounts. In contrast, individual investors’ wallets with holdings exceeding 1,000 BTC often lack these specialized storage solutions.

GbCBqNTakAAc1j4 2048x1152 1

Differences Between ETF and Whale Wallets

According to Ju, most ETF wallets hold under 1,000 BTC, while the majority of large wallets are managed by institutional investors. This trend underscores a preference for secure storage solutions among institutions, signaling future growth in both spot Bitcoin ETFs and secure storage services.

With institutional investors increasingly prioritizing security-focused solutions, there’s growing anticipation for heightened institutional interest in spot Bitcoin ETFs and secure wallet options. Bitcoin’s price has risen by 3.90% over the past 24 hours, hovering around the $71,000 mark. Meanwhile, trading volume has surged, with CoinMarketCap data showing a 145.55% increase to $47.48 billion over the same period. Over the past seven days, Bitcoin’s price has climbed by more than 5%, according to recent metrics.

institutional demand, Bitcoin, spot ETFs, secure storage, whale wallets

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Why Bitcoin, Ethereum, and BNB Are the Future of Bhutan’s Financial Strategy

Binance Lists BIO Protocol: Price Surges!

Is Bitcoin Losing Its Decentralized Roots Amid Growing Institutional Control?

Ripple Lawsuit Fate in Limbo, SEC Shutdown Threatens XRP’s Future

Analyzing NEIRO Coin Explosive Growth and Market Trends

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByEzeudo Nwosu
Ezeudo Nwosu is a blockchain and cryptocurrency professional with over 8 years of experience in the industry. With a background in software engineering, Ezeudo has been at the forefront of developing innovative blockchain solutions that address key challenges in various sectors. His work includes leading blockchain integration projects and advising on the creation of decentralized applications (dApps). Ezeudo is recognized for his deep technical knowledge and his ability to translate complex blockchain concepts into practical applications. At DT NEWS, he offers expert insights into the latest developments in blockchain technology and cryptocurrencies, helping readers stay informed about the future of digital finance.
Previous Article the rising demand for Bitcoin through spot Bitcoin ETFs in the U.S. Show Bitcoin symbols prominently with financial elements li Rising Demand for Bitcoin! $480 Million Flows into U.S. Spot Bitcoin ETFs
Next Article the recent surge in Bitcoins price and its impact on the crypto market highlighting large scale liquidations. Show Bitcoin sy Bitcoin’s Surge Wipes Out $240 Million from Crypto Market!
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)