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via Cointelegraph · By Cointelegraph Staff
Bitcoin ETF Ownership Shifts as Hedge Funds Sell and Banks Buy: CoinShares
BTC
BTC/USDT
$84,069.53
-0.08%
$84,069.53
-0.08%
(24s)24h Volume
$15,263,919,339.00
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.4%
Long: 58.4%Short: 41.6%
Funding Rate
+0.0009%
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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