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breaking: investment advisers FOMO into Ethereum ETFs with $1.35 billion exposure 🚀📈 Institutional FOMO at all
wait but did u see the ETH pump from institutional FNBs?? 🚀🔥 how many lambos does that buy??
Investment advisers leveraged by Bloomberg data drove a significant increase in institutional Ethereum exposure, with strong potential for continued growth in Q3, as ETF entries
Institutional investors increased Ethereum exposure through ETFs by 388,301 ETH in Q2. Investment advisers lead in traditional finance. Bloomberg data shows advisers command $1.35 billion in ETF exposure, with hedge funds ranking second. Goldman Sachs, Jane Street Group, and Millennium Management hold significant positions. Brokerage firms also show growing Ethereum exposure. Total institutional exposure reached $2.44 billion in Q2, with potential for further growth in Q3. ETF entries surged from $4.2 billion to $13.3 billion by August. Corporate adoption of Ethereum is accelerating.
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