
US spot Bitcoin ETF ownership shifted during the market downturn as hedge funds exited positions, while banks and long-term allocators co
Technical Analysis
Professional investors dumped 52K BTC worth of ETFs in Q1, filings show. This shift in ownership amid market downturn signals a significant departure from long-term strategies. Hedge funds were the primary sellers, while banks and long-term allocators maintained their positions. What does this mean for the industry and professional crypto investors moving forward?
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