US spot Bitcoin ETF ownership shifted during the market downturn as hedge funds exited positions, while banks and long-term allocators continued building exposure.
CryptoQuant CEO Ki Young Ju says Bitcoin’s current distribution phase may be less a sign of structural weakness than a major transfer of supply from old market participants to US financial institutions, ETFs and new long-term holders. In a series of posts on X, Ki argued that selling by Bitcoin OGs and long-time miners is part of a broad “change of hands” rather than evidence that the asset has exhausted its cycle. The key question, in his view, is not only how much supply is being sold, but who is ultimately absorbing it. “I believe that the selling by Bitcoin OGs and long-time miners is part of a major shift in hands, transferring to US traditional financial institutions, investors, and ETFs,” Ki wrote. “So, I disagree with the claim that Bitcoin won’t do well anymore once the shift is complete and there’s no more liquidity coming in.” Bitcoin’s Ownership Base Is Changing Ki’s thesis centers on the composition of Bitcoin holders. He said that, for any asset, the long-term market setu
US Comptroller of the Currency Jonathan Gould and New York Representative Gregory Meeks sparred over Donald Trump’s influence on regulators he has nominated as president at a Thursday oversight hearing.
The record borrowing highlights tightening liquidity conditions, potentially impacting lending rates and financial market stability in the UK.
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The shift in Bitcoin holdings highlights a growing divergence in institutional strategies, potentially impacting market stability and future adoption.
The post CoinShares report reveals 17% drop in institutional Bitcoin holdings as hedge funds flee appeared first on Crypto Briefing.
Rising job cuts and market reactions highlight economic uncertainty, urging investors to closely monitor employment trends and labor reports.
The post US challenger job cuts rise to 97K in May as S&P 500 futures slide on labor data appeared first on Crypto Briefing.
Hedge funds have reduced their exposure to U.S. spot Bitcoin exchange-traded funds by 39% during the first quarter, as professional investors pulled back from the market amid a steep decline in Bitcoin prices. According to a CoinShares report based on…
The surge in global wealth highlights the growing influence of AI and presents untapped opportunities for digital assets in wealth management.
The post Global high-net-worth wealth rises 9% to $98.3 trillion as AI rally mints 736,000 new US millionaires appeared first on Crypto Briefing.
Professional investors cut their bitcoin ETF exposure sharply during the first quarter of 2026, but fresh filings show banks, advisors, and sovereign entities continued adding positions despite a deep market downturn. The Great Bitcoin ETF Shakeout, Coinshares Shows Which Investors Lost Conviction According to a recent report from Coinshares Digital Asset Analyst Matt Kimmell, professional […]
