Update
Plante Moran Advisors Boosts Bitcoin ETF Holdings
Plante Moran Advisors, a wealth management firm, increased its Bitcoin ETF holdings by 70% to $42 million in the third quarter. The firm's exposure is spread across three Bitcoin ETFs: BlackRock's iShares Bitcoin Trust (IBIT), the Grayscale Bitcoin Trust (GBTC), and Fidelity's Wise Origin Bitcoin Fund (FBTC). This trend suggests a growing interest in Bitcoin ETFs among financial advisors, potentially influencing broader market dynamics.