On December 23rd, CME Group
On December 23rd, CME Group and CF Benchmarks announced that investment advisors would overtake hedge funds as the largest holders of US Bitcoin spot ETFs in the following year. Currently, hedge fund managers dominate the market with a 45.3% share, while investment advisors hold 28%. However, CF Benchmarks predicts that by 2025, investment advisors’ share will increase to over 50%, making them the primary owners of these ETFs.
This shift is attributed to
This shift is attributed to the increasing demand from customers and a better understanding of digital assets within the wealth management industry, resulting in more product offerings tailored to meet client needs. Additionally, investment advisors already play a significant role in the Ethereum ETF market and are expected to maintain their lead next year.
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