BlockBeats reported that on December 23, the Chicago Mercantile Exchange and cryptocurrency benchmark index provider CF Benchmarks stated that investment advisors are expected to surpass hedge funds next year, becoming the largest holders of Bitcoin spot ETFs in the U.S.
The demand for Bitcoin spot ETFs in the U.S. primarily comes from hedge fund managers, who hold 45.3% of the ETF share. Investment advisors are second, holding 28%.
According to CF Benchmarks' forecast, this situation will change in 2025, with investment advisors expected to exceed 50% market share in Bitcoin and Ethereum ETFs by 2025.
CF Benchmarks stated in their report, 'We expect the allocation share of investment advisors to exceed 50% as the $88 trillion U.S. wealth management industry begins to embrace these tools, surpassing the record $40 billion net inflow in 2024.'
This shift will be driven by increasing client demand, a deeper understanding of digital assets, and product maturity, which may reshape the current ownership structure as these products become a mainstay in model portfolios, the index provider stated.
Currently, investment advisors are leading in the Ethereum ETF market and are expected to further expand their lead next year. (CoinDesk)
