US-based Wells Fargo publicly announced its spot Bitcoin ETF investments in a statement to the US Securities and Exchange Commission (SEC).
On the other hand, the giant investment company Susquehanna International Group recently announced that it owns a $1.8 billion spot Bitcoin ETF.
Spot Bitcoin ETFs continue to be popular among institutional investors looking for new investment vehicles, significantly increasing the likelihood that long-stalled cryptocurrency markets will begin a significant upward move.