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Hedge funds cut 68,000 BTC of spot ETF exposure, Galaxy Research says

Hedge funds cut 68,000 BTC of spot ETF exposure, Galaxy Research says
AI summary

Galaxy Research reports that hedge funds reduced their spot Bitcoin ETF exposure by 68,000 BTC, a sizable institutional exit from ETF-held bitcoin. The firm frames the move as a strategic shift toward yield optimization rather than a wholesale abandonment of crypto. Traders should watch whether this rotation signals weaker ETF demand and softer institutional support for BTC prices.

Narrative history
1 linked story · 2 outlets · since 28 Oct
  1. 52M AGO
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    Hedge funds cut 68,000 BTC of spot ETF exposure, Galaxy Research says
    Crypto Briefing · Score 65
  2. 58M AGO
    Decrypt · Score 55 · via 68,000, cut 68,000
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