In Q2 2025, institutional investors added 388,301 ETH via ETFs, with investment advisory firms leading Ethereum ETF adoption in traditional finance.
According to data shared by Bloomberg ETF analyst James Seyffart, investment advisors now control $1.35 billion in Ethereum ETF holdings (539,757 ETH), with a net increase of 219,668 ETH last quarter.
Advisors’ holdings dwarf other institutional categories: Hedge fund managers ranked second with $687 million (274,757 ETH), up 104% from Q1.
Goldman Sachs led single institutional holders with $721.8 million in Ethereum ETF holdings (288,294 ETH).
Jane Street Group followed with $190.4 million, while Millennium Management held $186.9 million in ETF shares.
The concentrated participation of Wall Street giants signals Ethereum’s recognition as a legitimate asset class in traditional portfolios.
Broker-dealers emerged as the third-largest category with $253 million in holdings, adding a net 13,525 ETH (15.4% growth) this quarter.
Private equity firms and holding companies contributed $62.2 million and $60.6 million, respectively, while pension funds and banks reduced Ethereum exposure.
By Q2’s end, Bloomberg Intelligence tracked $2.44 billion in total institutional Ethereum ETF holdings (975,650 ETH) across all categories.
Current data suggests Q3 institutional involvement could rise significantly further.
Farside Investors reported Ethereum ETF inflows surged from $4.2 billion on June 30 to $13.3 billion by August 26—a 3x+ increase, setting a cumulative inflow record. August alone saw ~$3.7 billion in new inflows.
This growth aligns with rising corporate treasury adoption of Ethereum. Per Strategic ETH Reserve, 17 public companies now hold 3.4 million ETH (~$15.7 billion in market value).
On August 26, SharpLink announced adding 56,533 ETH to its treasury, raising total holdings to 797,704 ETH—still far below BitMine’s 1,713,899 ETH (~$8 billion).
