Institutional investors have increased their exposure to Ethereum (ETH) via funds on the stock market (ETF) of 388,301 ETH in the second quarter, investment advisers commanding the largest adoption in the traditional finance sectors.
According to data shared by Bloomberg Etf James Seyffart analyst, investment adviser companies control $ 1.35 billion in exposure to ETF ETF, representing 539,757 ETH and capturing 219,668 ETH in net additions during the last quarter.
The advisers in placement eclipse of other institutional segments, hedge fund managers ranking second with $ 687 million in exhibition. Their participations are equivalent to 274,757 ETH, which represents an increase of 104% compared to the first quarter.
Growing institutional adoption
Goldman Sachs leads individual institutional holders with $ 721.8 million in ETF ETF positions, equivalent to 288,294 Exhibition to ETH.
Jane Street Group follows $ 190.4 million, while Millennium Management orders $ 186.9 million in ETF shares.
The concentration among high -level companies of Wall Street demonstrates the institutional acceptance of Ethereum as a class of legitimate assets in traditional portfolios.
Brokerage companies generated the third category of exposure to $ 253 million, adding 13,525 ETH (15.4%) stations during the quarter.
Investing capital and portfolio companies have contributed $ 62.2 million and $ 60.6 million, while retirement funds and banks have reduced their practical exposure to Ethereum.
The total institutional exposure in all categories followed by Bloomberg Intelligence reached $ 2.44 billion at the end of the second quarter, representing 975,650 ETH in combined assets.
The third quarter could also show a substantial increase in institutional participation on the basis of figures so far.
Farastic investor data show that ETF ETF entries increased from $ 4.2 billion on June 30 to 13.3 billion dollars by August 26, marking an increase in more triple and a new disability record at cumulative entries. August alone generated about $ 3.7 billion in additional flows.
Acceleration follows the continuous adoption of Ethereum as an corporate cash. The data compiled by the ETH strategic reserve show that 17 companies listed on the stock market hold 3.4 million ETH, worth 15.7 billion dollars.
Sharplink recorded the last acquisition on August 26, adding 56,533 ETH to his treasure, bringing his total to 797,704 ETH. However, it remains significantly lower than that of 1,713,899 ETH in Bitmin, worth almost 8 billion dollars.
