Financial advisors become the main driving force for Ethereum and Bitcoin ETFs

According to data shared by Bloomberg analyst James Seyffart, investment advisors currently dominate the group of Ethereum ETF holders. In the second quarter, they poured over $1.3 billion (539,000 ETH) into the funds, an increase of 68% compared to the previous quarter. A similar trend is occurring with spot Bitcoin ETFs in the U.S., as advisors have become the largest holding group, owning 161,000 BTC worth over $17 billion.

Mr. Vincent Liu, Chief Investment Officer of Kronos Research, noted: "This data shows that capital flows are shifting from short-term speculation to long-term allocation. As the largest holding group, advisors have provided deeper liquidity and a sustainable foundation for integrating crypto into the global market."

The increasing number of advisors incorporating Bitcoin and Ethereum ETFs into their portfolios has elevated cryptocurrency, transforming them into long-term diversification tools, comparable to stocks, bonds, and traditional assets.

Experts predict that as the regulatory framework is completed, the number of financial advisors participating in the crypto ETF market could surge. According to Fox Business News, trillions of dollars in new capital could flow into the market through these allocation channels in the coming years.