Spot Bitcoin ETFs are making significant inroads among institutional investors, according to a recent memo from Bitwise CIO Matt Hougan. As reported in a post on X by Bitwise, more than 500 professional investment firms have already invested in Bitcoin ETFs. Moreover, the BITB ETF issuer highlighted that the number of institutional investors will surge The post Bitcoin ETF To Grab $5B AUM From Over 700 Institutional Investors: Bitwise CIO appeared first on CoinGape .