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via Cointelegraph · By Cointelegraph Staff
Bitcoin ETF Ownership Shifts as Hedge Funds Sell and Banks Buy: CoinShares
BTC
BTC/USDT
$63,072.43
+0.03%
$63,072.43
+0.03%
(24s)24h Volume
$2,295,623,900.75
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0005%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(07:53 PM UTC)
1 min read
Professional ownership of US spot Bitcoin exchange-traded funds (ETFs) declined sharply in the first quarter as Bitcoin’s bear market deepened, suggesting that trading-oriented institutions were a significant source of selling pressure during the downturn.
A new report by CoinShares analyzing quarterly 13F filings — regulatory disclosures that reveal the equity holdings of investment managers with…
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