Key Takeaways
- • Clear Creek Financial Management disclosed $15.1 million in cryptocurrency exchange-traded fund positions across Bitcoin, Ethereum, XRP, and Solana in its latest Form 13F regulatory filing.
- • Bitcoin ETFs represent the firm's largest crypto allocation at $10.4 million, with Bitwise's BITB fund accounting for $9.69 million (93% of Bitcoin holdings) and positions in BlackRock's iShares Bitcoin Trust and Grayscale Bitcoin Trust completing the allocation.
- • Ethereum ETFs constitute Clear Creek's second-largest digital asset position at approximately $4.3 million, led by the Bitwise Ethereum ETF at $3.8 million with 337,162 shares.
- • The crypto positions represent a modest share of Clear Creek's $1.5 billion in assets under management, indicating selective rather than aggressive allocation to digital assets.
- • Form 13F filings provide backward-looking snapshots from the quarter-end reporting period; Clear Creek may have materially altered positions since the filing date.
Summary
Clear Creek Financial Management, an investment adviser overseeing $1.5 billion in assets, has disclosed approximately $15.1 million in cryptocurrency exchange-traded fund holdings spanning four digital assets, according to its most recent Form 13F filing. The allocation demonstrates increasing institutional adoption of crypto ETFs as vehicles for regulated exposure to digital assets, though the positions remain a relatively modest component of the firm's broader portfolio.
Bitcoin ETFs dominate Clear Creek's disclosed crypto allocation at $10.4 million across three products. The firm's largest single position is Bitwise's Bitcoin ETF (BITB), representing $9.69 million across 304,155 shares. This position accounts for approximately 93% of Clear Creek's total Bitcoin ETF exposure. The remaining Bitcoin allocation comprises $477,412 in BlackRock's iShares Bitcoin Trust ETF and $248,539 in Grayscale Bitcoin Trust ETF. Ethereum emerges as the firm's second-largest digital asset allocation at nearly $4.3 million, with the Bitwise Ethereum ETF comprising the primary holding at approximately $3.8 million across 337,162 shares. The portfolio also includes exposure to XRP and Solana ETFs, though specific holdings for these assets were not detailed in the available filing summary.
Institutional investors should note that Form 13F disclosures—required for investment managers overseeing at least $100 million in qualifying US securities—represent quarter-end snapshots and exclude cash positions, short sales, and certain asset classes. Consequently, Clear Creek's actual current holdings may differ materially from the disclosed positions. The filing provides transparency into institutional adoption patterns but should not be interpreted as current positioning.
Bitcoin ETFs dominate Clear Creek's disclosed crypto allocation at $10.4 million across three products. The firm's largest single position is Bitwise's Bitcoin ETF (BITB), representing $9.69 million across 304,155 shares. This position accounts for approximately 93% of Clear Creek's total Bitcoin ETF exposure. The remaining Bitcoin allocation comprises $477,412 in BlackRock's iShares Bitcoin Trust ETF and $248,539 in Grayscale Bitcoin Trust ETF. Ethereum emerges as the firm's second-largest digital asset allocation at nearly $4.3 million, with the Bitwise Ethereum ETF comprising the primary holding at approximately $3.8 million across 337,162 shares. The portfolio also includes exposure to XRP and Solana ETFs, though specific holdings for these assets were not detailed in the available filing summary.
Institutional investors should note that Form 13F disclosures—required for investment managers overseeing at least $100 million in qualifying US securities—represent quarter-end snapshots and exclude cash positions, short sales, and certain asset classes. Consequently, Clear Creek's actual current holdings may differ materially from the disclosed positions. The filing provides transparency into institutional adoption patterns but should not be interpreted as current positioning.
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