Crypto ETF Trends for Advisors

Table of Contents

Is the Exchange-Traded product currently the largest holder of Bitcoin? In today’s Crypto on Advisors Newsletter, Trackinsight’s Rony Abboud and ETF Central categorize current ETF trends.

Coindesk research leader Joshua de Vos then answers investment questions about ETFs in “Ask an Expert.”

Thank you to the sponsors of this week’s newsletter, Grayscale Investments. For financial advisors near Minneapolis, Grayscale hosts Crypto Connect on Thursday, September 18th. Please see details.

– Sarah Morton

5 Crypto ETF Charts I thought I’d asked for this month.

Crypto officially enters the mainstream of ETFs, and numbers tell the story.

ETPS holds a bitcoin crown

If you missed it, then crypto exchange sales products (ETPS) According to data compiled by X’s Hold15 Capital, he has become the largest owner of Bitcoin, currently sitting on 1.47 million coins.

According to bitcointreasuries.net, public companies have just over 1 million, followed by the government, which holds around 526,000

Looking closely, BlackRock’s iShares IBit Exchange-Traded Fund (ETF) Leading the pack with 749,000 coins, Fidelity’s FBTC holds 201,000 and Grayscale’s GBTC sits at 185,000. As more investors, particularly institutions, dive into a more friendly US crypto government, the proportion of that supply could continue to climb.

Cryptography moves to the mainstream of ETFs

Cryptocurrency has become an important topic in the TrackInsight Global ETF research.

This year’s edition attracted insights from more than 600 professional investors overseeing ETF assets of more than $1 trillion. They shared their views on the Active, Theme, ESG, Bonds and Crypto segments.

When asked about their appetite for Crypto ETFs in 2025, more than half said they plan to increase their client portfolio allocation.

Research: Professional Investors and Crypto ETFs

Crypto ETFs break into the big leagues

According to ETF Central’s ETF segment dashboard, US cryptocurrency ETFs have ranked eighth in net inflows over the past year. This is another indication of how strong this asset class has become since accessed through the ETF wrapper. The results of the TrackInsight Survey reflect that shift, showing that once hesitant professional investors are now increasingly open to crypto.

Solana and XRP ETFS show edges close to the spotlight

With Bitcoin and etheric ETFs already established, Solana and XRP are lining up their own spot debuts. Optimism is high, but the SEC has not yet approved submission. Still, the launch potential is better than ever, as the legal cloud around Ripple is lifted and Washington’s more encryption-friendly regulatory environment.

In the meantime, investors have been gaining momentum through US futures-based Solana and XRP ETFs. North of the border, Canada is already moving ahead with spot launches, but Europe continues to lead billing with ETP, which covers almost all major cryptocurrencies, including Solana and XRP.

Since 2024, XRP and Solana ETPS have attracted net inflows of $2.02 billion and $1.35 billion worldwide, gaining momentum after the initial associated US Spot ETF filing.

Big Race: Gold and Crypto

The visual highlights the battle for a key trend in modern finance: the location of investors portfolio.

Gold, a perennial repository of value, remains a key hedge against inflation and geopolitical disruption, keeping the lead by ETP approaching its $400 billion assets.

However, the explosive growth of Crypto ETP marks a new era as it races over $200 billion.

This is not a zero-sum game. Instead, the chart suggests that in an uncertain world, investors look to both assets and offer various forms of protection and growth.

-Rony Abboud, Role, Chief Marketing Officer, TrackInsight and ETF Central

Ask the expert

Q: What happened in the global Crypto ETF/ETP flow in August?

Etherlink products have raised $4.27 billion in August’s net inflow, driven by the strongest monthly intake of the year and primarily US listed funds.

Bitcoin products saw a net outflow of $169.1 million at the category level despite publisher-level diversification. Solana and XRP products recorded inflows of $383.4 million and $279.7 million, respectively, signaling selective diversification beyond BTC and ETH.

Geography flow:

Americas: Net inflow of $4.92 billion. Continuing global allocations and transactions.
Europe: Net flow rates of $108 million, reflecting softer demand across several markets.
APAC: Net inflow with incremental increases led by Hong Kong and Australia is $70 million.

Q: How has the US been positioned since the debut of the publicly listed Crypto ETF and ETPS?

Since Bitcoin ETF became available in January 2024, US listed products have become the central venue for regulated digital asset exposure, with vehicles from US denominations at 94% of global activity.

For investors, this magnitude and consistency of participation highlights the US’s role as a key market for crypto price discovery and capital formation.

Q: What policy developments continue to define the background behind Crypto ETF’s US operations?

The SEC’s move to allow for the creation/red of spot Bitcoin and ether products in physical form supports more efficient primary market operations and closer spreads.
Major exchanges also propose general listing criteria for product-based ETPs (Includes digital asset products)if adopted, streamline future product approvals.
In parallel, the committee extended the review period for certain single asset proposals (Includes Solana)Clustering some famous decisions in October.