Investment Advisers Dominate Institutional Holdings in Spot Bitcoin and Ether ETFs
SEC filings show that investment advisers have solidified their position as the largest institutional holders of U.S. spot crypto ETFs, with robust demand for both Bitcoin and Ether products.
Currently, advisers hold more than $10.28 billion in Bitcoin ETFs, representing approximately 124,753 BTC, accounting for nearly half of total crypto ETF holdings disclosed by institutional investors. Hedge funds trail with around $6.9 billion in Bitcoin ETF assets, or close to 83,934 BTC, followed by brokerages and holding companies.
Bloomberg ETF expert Eric Balchunas notes that investment advisers have surged ahead to become the clear leaders in this space, describing them as “number one by a mile.”
This trend is mirrored in the Ether ETF market, where investment advisers hold approximately $582 million in exposure, or 320,089 ETH, compared to hedge funds’ $244 million (around 134,469 ETH), per analyst James Seyffart.
Total institutional exposure to Ether ETFs has surpassed $1.06 billion, or 587,348 ETH, signaling growing institutional appetite for diversified crypto assets beyond Bitcoin.
