Shifting Power Dynamics: Investment Advisors Lead the Way in Bitcoin ETFs

A recent analysis of 13F filings has shed light on who truly controls Bitcoin ETFs, revealing a significant shift in ownership dynamics. Investment advisors have now emerged as the dominant force, holding over $10 billion worth of Bitcoin and accumulating nearly 125,000 BTC. This places them far ahead of hedge fund managers and brokerages, which collectively hold approximately $6.9 billion and $2.1 billion, respectively.