{"id":137075,"date":"2024-09-11T21:00:11","date_gmt":"2024-09-11T18:00:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137075"},"modified":"2024-09-10T17:31:31","modified_gmt":"2024-09-10T14:31:31","slug":"investment-advisors-quickly-adopt-spot-bitcoin-etfs","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/investment-advisors-quickly-adopt-spot-bitcoin-etfs\/","title":{"rendered":"Investment Advisors Quickly Adopt Spot Bitcoin ETFs"},"content":{"rendered":"

Bianco referred to these ETFs as a \u201csmall tourist tool<\/em>\u201d implying limited adoption by advisors. However, Hougan disagreed and presented a different perspective.<\/p>\n

He noted<\/a><\/strong> that while only $1.45 billion out of the $46 billion total inflow into spot Bitcoin<\/a><\/strong> ETFs comes from investment advisors, this still makes the BlackRock iShares Bitcoin Trust (IBIT) the second-fastest growing ETF of 2024, out of over 300 funds launched this year. He emphasized that despite the relatively small allocation from advisors, Bitcoin ETFs are being adopted by them faster than any other ETF in history.<\/p>\n

Senior ETF analyst at Bloomberg, Eric Balchunas, supported Hougan\u2019s assessment, noting that these inflows are \u201corganic<\/em>,\u201d suggesting strong long-term adoption potential.<\/p>\n