
Funding advisors drove institutional Bitcoin (BTC) publicity by way of exchange-traded funds (ETFs) to $33.6 billion in the course of the second quarter of 2025.
Information shared by Bloomberg ETF analyst James Seyffart on Aug. 25 revealed that establishments added 57,375 BTC throughout all tracked classes.
Bloomberg Intelligence knowledge exhibits advisors now maintain $17.4 billion in Bitcoin ETF positions, practically doubling hedge fund managers’ $9 billion publicity.
Brevan Howard Capital Administration emerged as the biggest institutional Bitcoin ETF shareholder among the many new buyers. The fund supervisor elevated its BlackRock iShares Bitcoin Belief (IBIT) holdings by 71% to 37.5 million shares value $2.3 billion as of June 30.
Harvard Administration Firm entered the Bitcoin ETF house with a $117 million place in IBIT. Harvard’s Bitcoin allocation ranks alongside its largest US-listed holdings, together with Microsoft at $310 million and Amazon close to $235 million, representing roughly 8% of its reported portfolio.
The college endowment now holds extra Bitcoin than gold in {dollars}, with its SPDR Gold Belief place valued at roughly $102 million at quarter-end.
Will increase in each class
Seyffart additionally highlighted that advisors have change into “by far the most important holders” of spot Bitcoin ETFs. They added 37,156 BTC in the course of the second quarter and reached 161,909 BTC.
He mentioned that “just about each class” out of the 15 listed had growing publicity in the course of the second quarter, besides pension funds, which maintained $10.7 million positions.
Brokerage corporations’ allocation by way of Bitcoin ETFs reached $4.3 billion, after the second-largest addition amongst establishments of 13,911 BTC. Banks registered the third-largest allocation of two,476 BTC, and now have roughly $655 million in Bitcoin by means of ETF shares.
Funding advisors’ $17.4 billion allocation exceeds the mixed holdings of hedge funds, brokerages, and holding corporations, signaling a shift towards skilled wealth administration integration.
Seyffart famous that the $33.6 billion allotted by institutional buyers pertains to 13F type filings, representing solely 25% of the overall Bitcoin ETF shares.
He added:
“The opposite 75% are owned by non-filers which is basically going to be retail.”
Regardless of the growing institutional urge for food, retail seems to drive many of the Bitcoin ETF nonetheless flows.





