Source: cryptoslate
Compiled by: Blockchain Knight
In the second quarter of 2025, institutional investors increased their ETH holdings through ETFs by 388,301, with investment advisory firms having the highest adoption rate of Ethereum ETFs in traditional finance.
According to data shared by Bloomberg ETF analyst James Seyffart, investment advisory firms currently control $1.35 billion in Ethereum ETF holdings, equivalent to 539,757 ETH; over the past quarter, these institutions have net added 219,668 ETH.
The holdings of investment advisory firms far exceed those of other institution types: hedge fund managers hold $687 million, ranking second with 274,757 ETH, a 104% increase from the first quarter.
Goldman Sachs leads single institutional holders with $721.8 million in Ethereum ETF holdings, equivalent to 288,294 ETH.
Jane Street Group follows closely with a $190.4 million holding, while Millennium Management's ETF shareholding is $186.9 million.
The concentrated participation of leading Wall Street institutions indicates that traditional portfolios have recognized Ethereum as a legitimate asset class.
Brokerages have become the third largest institutional category with $253 million in holdings, net adding 13,525 ETH this quarter (an increase of 15.4%).
Private equity firms and holding companies contributed $62.2 million and $60.6 million in holdings, respectively; while pension funds and banks reduced their Ethereum holdings.
As of the end of the second quarter, the total Ethereum ETF holdings tracked by Bloomberg Intelligence across all institutional categories reached $2.44 billion, corresponding to a total of 975,650 ETH.
Current data indicates that institutional participation in the third quarter is expected to further increase significantly.
Data from Farside Investors shows that inflows into Ethereum ETFs soared from $4.2 billion on June 30 to $13.3 billion on August 26, an increase of more than three times, setting a new historical high for cumulative inflows. In August alone, new inflows reached approximately $3.7 billion.
This growth trend corresponds with the increasing adoption of Ethereum as a corporate treasury asset. According to data compiled by Strategic ETH Reserve, 17 publicly traded companies currently hold 3.4 million ETH, with a market value of nearly $15.7 billion.
On August 26, SharpLink announced its latest increase in holdings, adding 56,533 ETH to its treasury, bringing its total holdings to 797,704 ETH. However, this scale is still far below BitMine's 1,713,899 ETH (with a market value of nearly $8 billion).
