Bloomberg analyst Eric Balchunas said on the X platform that the AdvisorShares Gerber Kawasaki ETF (GK), managed by ETF portfolio manager Ross Gerber, was monitored as having purchased BlackRock's IBIT with a weighting of 0.12 per cent.Eric Balchunas added that it appeared that AdvisorShares Gerber Kawasaki ETF did not previously have any BTC exposure.