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Ethereum ETFs Ride Bitcoin’s Coattails
Bitcoin ETFs continue to hold the spotlight amongst digital assets, with ethereum ETFs a growing beneficiary of investor attention. Recent research from CoinShares demonstrated the current overlap between bitcoin and ethereum ETF institutional holdings, with some surprising findings. CoinShares reviewed the most recent round of 13F filings. The firm found that 92% of the AUM in ETH ETFs belonged to institutional investors also holding bitcoin ETFs. On the flipside, just 24% of bitcoin ETF 13F filers held ethereum ETFs as well. “Nearly all professional ETH ETF adoption is coming from the same firms already deeply ... (full story)
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