According to @EricBalchunas citing @JSeyff, the latest 13F filings show that Advisors have become the leading holders of spot Bitcoin ETFs, now ranking number one by a wide margin. Currently, these 13F filers, which include significant institutional investors, represent 20% of the total assets in spot Bitcoin ETFs. The data indicates this figure is likely to climb to 35-40% as adoption from major financial wirehouses increases. This shift reflects growing institutional confidence in Bitcoin ETFs and could drive further liquidity and price stability in the crypto market. (Source: Twitter/@EricBalchunas, @JSeyff, 2025-06-04)