Institutional investors reach $33.6B in Bitcoin ETF holdings during Q2

Investment advisors drove organization Bitcoin (BTC) vulnerability via exchange-traded funds (ETFs) to $33.6 cardinal during the 2nd 4th of 2025.

Data shared by Bloomberg ETF expert James Seyffart connected Aug. 25 revealed that institutions added 57,375 BTC crossed each tracked categories.

Bloomberg Intelligence information shows advisors present clasp $17.4 cardinal successful Bitcoin ETF positions, astir doubling hedge money managers’ $9 cardinal exposure.

Brevan Howard Capital Management emerged arsenic the largest organization Bitcoin ETF shareholder among the caller investors. The money manager accrued its BlackRock iShares Bitcoin Trust (IBIT) holdings by 71% to 37.5 cardinal shares worthy $2.3 cardinal arsenic of June 30.

Harvard Management Company entered the Bitcoin ETF abstraction with a $117 cardinal position successful IBIT. Harvard’s Bitcoin allocation ranks alongside its largest US-listed holdings, including Microsoft astatine $310 cardinal and Amazon adjacent $235 million, representing astir 8% of its reported portfolio.

The assemblage endowment present holds much Bitcoin than golden successful dollars, with its SPDR Gold Trust presumption valued astatine astir $102 cardinal astatine quarter-end.

Increases successful each category

Seyffart besides highlighted that advisors person go “by acold the biggest holders” of spot Bitcoin ETFs. They added 37,156 BTC during the 2nd 4th and reached 161,909 BTC.

He said that “pretty overmuch each category” retired of the 15 listed had expanding vulnerability during the 2nd quarter, but pension funds, which maintained $10.7 cardinal positions.

Brokerage firms’ allocation via Bitcoin ETFs reached $4.3 billion, aft the second-largest summation among institutions of 13,911 BTC. Banks registered the third-largest allocation of 2,476 BTC, and present person astir $655 cardinal successful Bitcoin done ETF shares.

Investment advisors’ $17.4 cardinal allocation exceeds the combined holdings of hedge funds, brokerages, and holding companies, signaling a displacement toward nonrecreational wealthiness absorption integration.

Seyffart noted that the $33.6 cardinal allocated by organization investors relates to 13F signifier filings, representing lone 25% of the full Bitcoin ETF shares.

He added:

“The different 75% are owned by non-filers which is mostly going to beryllium retail.”

Despite the expanding organization appetite, retail appears to thrust astir of the Bitcoin ETF inactive flows.

The station Institutional investors scope $33.6B successful Bitcoin ETF holdings during Q2 appeared archetypal connected CryptoSlate.