Family offices and professional investors allocate Spot ethereum (Eth) And Bitkeen (BTC(ETPS) products differently, with family offices showing relatively stronger preference for ETHEREUM.
according to Data has been collected By BitWise as of December 31, 2024, offices and family confidence specializes 0.62 % of ETHEREUM ETP Spot under Management (AUM), compared to only 0.13 % for ETPS Bitcoin.
This represents a share of allocating more than five times for nearly five times for ETHEREUM between this investor category, although it does not translate into absolute values.
The difference highlights the different institutional forces between the two assets. While Bitcoin continues to control the overall institutional AUM, including hedge funds and investment consultants, ETHEREUM carries a greater relative attractiveness between the smaller allocations, and is often more flexible like family offices.
The composition of the broader ETP market also reflects these variations in investor profiles and delicious risk files.
Hedge boxes, advisors and mediation
The hedge funds represent the largest share of Bitcoin Etp AUM with 36.97 %, followed by 33.11 % investment advisors. Another 14.91 % brokerage companies add more than 85 % of total allocations when they include smaller shareholders such as banks and pension funds.
In contrast, ETHEREUM ETP ownership is distributed equally between brokerage firms (25.25 %), investment consultants (29.79 %), and hedge boxes (24.74 %), with a much larger “other” category that constitutes 16.96 % of Etherum Etp AUM.
Banks and pension boxes specialize modestly for Bitcoin and Ethereum products. Bitcoin Etps holds 1.27 % and 1.02 % of AUM from banks and pension boxes, respectively, while Ethereum Etps receives 0.62 % and 0.90 %.
Private stock companies show limited participation in the same, allocating 2.90 % for Bitcoin and 1.11 % to Ethereum.
Despite the relative tilt towards ETHEREUM between family offices, its total customization remains a small part of the general institutional activity. Investment capital companies and insurance companies indicate a little exposure to any ETP category.
The owners of institutions differ through assets
The great owners also differ between Bitcoin and Ethereum Etps. Millennium Management, which amounted to $ 4.42 billion in Bitcoin Etp Holdings, ranks first in bitcoin exposure, followed by Brevan Howard, Jane Street, and Goldman Sachs.
In the ETHEREUM sector, Goldman Sachs tops $ 477 million, followed by Jin Street with $ 450 million and Millennium Management at $ 182 million.
Some institutions, such as Jane Street, De Shaw and Brevan Howard, appear in both lists, indicating a wide connection with the Crypto Etps.
However, many companies, including Elequin, HBK Investments, SGACURITIES, and Almiltas Capital, are only represented among the senior ethereum etp owners. On the contrary, Capula Management and Horizon Kinetics carry the physical Bitcoin ETP positions but do not appear among the best owners of institutions in Ethereum.
This section indicates that although adult asset managers and market makers are active in both marketing, ETHEREUM attracts a more distinctive group of secondary institutions.
The collapse emphasizes the absolute control of Bitcoin, but it also reveals a more diverse and distributed investor base in the ETHEREUM ETHEUM market.
