Bitcoin ETFs Find New Support From Long-Term Investors
Bitcoin ETFs are experiencing an interesting change in ownership. Some of Wall Street’s biggest trading firms have been reducing their positions, while sovereign wealth funds and wealth managers are quietly increasing theirs. At first glance, declining institutional holdings might suggest that investors are losing interest in Bitcoin. But the latest research from Galaxy tells a […]
Key Takeaways
- Bitcoin ETFs are experiencing an interesting change in ownership.
- Some of Wall Street’s biggest trading firms have been reducing their positions, while sovereign wealth funds and wealth managers are quietly increasing theirs.
- At first glance, declining institutional holdings might suggest that investors are losing interest in Bitcoin.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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