Crypto analysts told Cointelegraph investment advisers increasing their Ether and Bitcoin exposure signals a shift to portfolio-driven allocations, with more room to grow. Investment advisers are the largest trackable cohort outside of retail that are buying Bitcoin and Ether exchange-traded funds, according to new data from Bloomberg Intelligence. Bloomberg ETF analyst James Seyffart said in an X post on Wednesday that investment advisers are “dominating the known holders” of Ether ETFs, investing over $1.3 billion or 539,000 Ether (ETH) in Q2 — an increase of 68% from the previous quarter. The same was observed in US spot Bitcoin ETFs. Seyffart said on Monday that “advisers are by far the biggest holders now,” with over $17 billion of exposure in 161,000 Bitcoin (BTC). Read more Crypto analysts told Cointelegraph investment advisers increasing their Ether and Bitcoin exposure signals a shift to portfolio-driven allocations, with more room to grow. Investment advisers are the largest trackable cohort outside of retail that are buying Bitcoin and Ether exchange-traded funds, according to new data from Bloomberg Intelligence. Bloomberg ETF analyst James Seyffart said in an X post on Wednesday that investment advisers are “dominating the known holders” of Ether ETFs, investing over $1.3 billion or 539,000 Ether (ETH) in Q2 — an increase of 68% from the previous quarter. The same was observed in US spot Bitcoin ETFs. Seyffart said on Monday that “advisers are by far the biggest holders now,” with over $17 billion of exposure in 161,000 Bitcoin (BTC). Read more

Investment advisers ’dominating’ with $18.3B in Bitcoin, Ether ETFs

Crypto analysts told Cointelegraph investment advisers increasing their Ether and Bitcoin exposure signals a shift to portfolio-driven allocations, with more room to grow.

Investment advisers are the largest trackable cohort outside of retail that are buying Bitcoin and Ether exchange-traded funds, according to new data from Bloomberg Intelligence. 

Bloomberg ETF analyst James Seyffart said in an X post on Wednesday that investment advisers are “dominating the known holders” of Ether ETFs, investing over $1.3 billion or 539,000 Ether (ETH) in Q2 — an increase of 68% from the previous quarter.

The same was observed in US spot Bitcoin ETFs. Seyffart said on Monday that “advisers are by far the biggest holders now,” with over $17 billion of exposure in 161,000 Bitcoin (BTC). 

Read more

Market Opportunity
Bitcoin Logo
Bitcoin Price(BTC)
$96,585.52
$96,585.52$96,585.52
-0.18%
USD
Bitcoin (BTC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.