Wall Street’s Fast Money Fled Bitcoin ETFs, Sovereign Funds Stepped In
Galaxy Research found that nine hedge funds and banks cut 68,000 BTC worth of spot ETF exposure as the cash-and-carry trade dried up, while wealth platforms and sovereign funds added.
Key Takeaways
- Galaxy Research found that nine hedge funds and banks cut 68,000 BTC worth of spot ETF exposure as the cash-and-carry trade dried up, while wealth platforms and sovereign funds added.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
Solana Alpenglow Goes Live, Targeting 150-Millisecond Finality
Solana activated the Alpenglow consensus protocol on mainnet on October 21, marking a substantial change in how its validators reach finality.
Coinbase Denies Breach as Vendor Leak Hits Users
TLDR Coinbase says an incident at analytics vendor Amplitude exposed contact information for a small subset of its customers. The exchange says it found no evidence that its own systems were breached and that customer funds were not affected. The disclosure…
Phantom launches Kalshi-powered prediction markets for US users
The crypto wallet’s new integration offers CFTC-regulated event contracts through Kalshi, as prediction markets face growing legal challenges in the US.