There is a strong institutional presence in the funds (ETF) of the exchange of cryptocurrency (ETF), the investment advisers taking a dominant lead, according to the recent deposits of the dry.
Investment advisers now hold more than $ 10.28 billion in Bitcoin
Active ETF, representing 124,753 BTC. The advisers in placement hold almost half of the total of the cryptographic assets declared by the various funds. Hell fund managers have the second row of $ 6.9 billion in BTC ETF, or nearly 83,934 BTC, followed by brokerage houses and portfolio companies.
These figures, highlighted by Bloomberg ETF analyst, Eric Balchunas, underlines how the advisers reached the top “number one of a mile”.
Balchunas estimates that declarants 13F currently represent approximately 20% of total Bitcoin ETF assets, a number likely to increase to 35% to 40% while traditional finance embraces the product.
There is a similar trend with ether
. The advisers lead with $ 582 million in exhibition, representing 320,089 ETH, while hedge funds hold $ 244 million, or 134,469 ETH, according to Bloomberg Etf James Seyffart analyst.
The total exposure of the institutional ETH ETF is now more than $ 1.06 billion, or 587,348 ETH. Although smaller than the Bitcoin imprint, it signals an increase in interest in a diversified exposure to cryptography.
