There’s a sturdy institutional presence in U.S. spot crypto exchange-traded funds (ETFs), with funding advisors taking a commanding lead, based on the current SEC filings.
Funding advisors now maintain over $10.28 billion in spot bitcoin
ETF belongings, representing 124,753 BTC. Funding advisors maintain almost half of the whole crypto belongings declared by the assorted funds. Hedge fund managers are second holding $6.9 billion price of BTC ETF, or almost 83,934 BTC, adopted by brokerages and holding firms.
These figures, highlighted by Bloomberg ETF analyst Eric Balchunas, underscore how advisors have surged to the highest “primary by a mile.”
Balchunas estimates that 13F filers at present make up about 20% of complete spot Bitcoin ETF belongings, a quantity prone to develop to 35%–40% as conventional finance embraces the product.
There’s a comparable pattern with ether
. Advisors lead with $582 million in publicity, representing 320,089 ETH, whereas hedge funds maintain $244 million, or 134,469 ETH, based on Bloomberg ETF analyst James Seyffart.
The overall institutional ETH ETF publicity now stands at over $1.06 billion, or 587,348 ETH. Although smaller than bitcoin’s footprint, it indicators rising curiosity in diversified crypto publicity.