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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%
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
Bitcoin
Bitcoin
Daily

$63,064.11

-0.03%

Volume (24h): -

Resistance Levels
Resistance 3$64,901.59
Resistance 2$63,882.30
Resistance 1$63,118.50
Price$63,064.11
Support 1$62,882.63
Support 2$62,275.00
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.0
CS
Cointelegraph Staff
(07:53 PM UTC)
1 min read
EW
Approved byEmily Watson

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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Source

Cointelegraph Staff · Cointelegraph

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