Professional investors dumped 52K BTC worth of ETFs in Q1, filings show
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Professional investors are dumping 52,000 Bitcoin worth of ETFs in Q1, filings reveal. US spot Bitcoin ETF ownership is shifting as hedge funds exit positions during the market downturn, while banks and long-term allocators continue building exposure. This trend may signal a shift in investor sentiment, potentially impacting Bitcoin's price and the broader crypto market's stability.
US spot Bitcoin ETF ownership shifted during the market downturn as hedge funds exited positions, while banks and long-term allocators continued building exposure.