Ethereum and Bitcoin ETF Holdings Soar as Advisors Embrace Long-Term Strategies

Investment advisor holdings in Ethereum and Bitcoin exchange-traded funds (ETFs) have experienced significant growth, according to recent data. Bloomberg analyst James Seyffart reveals that advisors now hold over $1.3 billion worth of Ethereum ETFs, equating to 539,000 ETH units. This represents a substantial increase of 68% compared to the previous quarter. A similar trend is observed in U.S. Bitcoin ETFs, where advisors now own 161,000 BTC, valued at over $17 billion. This shift from speculative investments to long-term portfolio allocation strategies suggests advisor involvement will grow as regulatory frameworks mature.