Every investor category increased its Bitcoin holdings in Q2
Institutional investment in Bitcoin (BTC) exchange-traded funds (ETFs) saw record highs in Q2 2025, climbing to approximately $33.6 billion. A more detailed picture suggests that institutions added 57,375 BTC across tracked categories during the quarter, according to Bloomberg Intelligence data published on August 25. Advisors accounted for the majority of it, building $17.4 billion in ETF positions, nearly double that of the hedge funds, which witnessed a $9 billion exposure. What is more striking, however, is that the same data reveals that virtually every investor category increased Bitcoin ETF holdings during the second quarter, illustrating the asset’s growing appeal as a digital hedge. Everyone is buying Bitcoin ETFs Investment advisors have become the biggest holders of spot Bitcoin ETFs, adding a total 37,156 BTC (worth north of $17.4 billion) to reach a collective 161,909 BTC in Q2. In fact, the numbers reported by advisors now surp...