Investment advisors are expected to become the largest holders of spot Bitcoin (BTC) and Ether (ETH) exchange-traded funds (ETFs) within the next year, according to a recent analysis by crypto benchmark index provider CF Benchmarks. Currently, hedge funds hold a significant portion of BTC spot ETF holdings (45.3%), while investment advisors account for 28%. However, the analysis predicts that investment advisors will overtake hedge funds and become the dominant force in this market in the coming year. In the case of ETH spot ETFs, investment advisors already hold a larger share (33%) than hedge funds (23.2%). The report suggests that this trend will continue, with investment advisors expected to cross the 50% mark in holdings for both BTC and ETH spot ETFs. The report also highlights the potential impact of increased US debt monetization on the demand for assets that can serve as a hedge against fiat currency weakness. This could further drive up demand for Bitcoin and other cryptocurrencies. Overall, the analysis provides insights into the evolving landscape of crypto ETFs and the increasing role of investment advisors in this space. It also underscores the potential impact of macroeconomic factors on the demand for crypto assets.

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