New Developments in the Crypto World! 📈

BlockBeats latest news shows that the Chicago Mercantile Exchange and cryptocurrency benchmark index provider CF Benchmarks predict that investment advisors will surpass hedge funds next year to become the largest holders of the Bitcoin spot ETF in the United States. This news undoubtedly brings new expectations and points of interest to the crypto market.

Currently, hedge fund managers hold a 45.3% share in the U.S. Bitcoin spot ETF market, while investment advisors follow closely behind with a 28% share. However, CF Benchmarks' prediction indicates that by 2025, investment advisors' share in the Bitcoin and Ethereum ETF markets will exceed 50%. This means that investment advisors will become the dominant force in the market in the coming years.

What is the reason behind this change? CF Benchmarks points out that the U.S. wealth management industry is valued at $88 trillion, and this massive industry is gradually beginning to embrace cryptocurrency tools. Additionally, with the continuous growth of client demand, a deeper understanding of digital assets, and the gradual maturation of products, the allocation share of investment advisors is expected to exceed 50%. These factors will reshape the current market ownership structure, making crypto products an important part of investment portfolios.

It is worth mentioning that investment advisors are already in a leading position in the Ethereum ETF market and are expected to further expand this advantage next year. This indicates that the influence of investment advisors in the crypto market is continuously increasing.

For participants in the crypto market, this is undoubtedly a trend worth paying attention to. The rise of investment advisors may bring more market opportunities and challenges. Readers, what do you think about this change? Feel free to share your thoughts and insights in the comments section, and let’s discuss the future development of the crypto market together!