Financial Advisory Firms Lead in Spot Bitcoin ETF Holdings

Financial advisory firms have emerged as the largest holders of spot Bitcoin ETFs, according to Bloomberg's senior ETF analyst Eric Balchunas. Analysis of 13F reports reveals that these firms currently account for approximately 20% of the total assets in spot Bitcoin ETFs. Balchunas suggests that this share could increase to 35-40% as adoption of these financial products continues to grow.

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