Global Retirement Partners (GRP), with over $140 billion in assets under advisement, holds shares in 7 different Bitcoin ETFs and 1 Bitcoin mining ETF, signaling a positive shift in attitude towards Bitcoin among major traditional consultants.
Earlier Q1 2024 filings revealed a diverse range of investors including wealth funds, family offices, and banks have already allocated portions of their portfolios to Bitcoin ETFs, simplifying exposure without dealing with BTC custody complexities.
The approval of spot Bitcoin ETFs in early 2024 from reputable issuers like BlackRock and Fidelity attracted significant initial interest from institutional investors, with inflows stabilizing after the initial surge.
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