Bitcoin ETFs have secured a strong market share, partly due to institutional investments by firms like Goldman Sachs, which boosted its holdings significantly, raising its total investment to 1.5 billion USD. Abu Dhabi’s sovereign wealth fund made waves by investing 436.9 million USD in BlackRock’s Bitcoin ETF.
Ethereum ETFs are seeing a notable rise in institutional purchasing activity, with ownership increasing from 4.8% to 14.5%. Goldman Sachs has become a key player in this segment, acquiring 9.3 million shares of BlackRock’s Ethereum Trust ETF, reflecting a growing institutional interest.