Hedge funds reduced their exposure to U.S. spot Bitcoin ETFs by 39% in the first quarter, contributing to a 17% overall decline in professional investors' Bitcoin ETF holdings as Bitcoin prices fell 22%. Brokerages also cut holdings significantly, while banks increased their exposure. The pullback reflects typical investor behavior during market downturns. Regulatory progress in the U.S. remains a key factor that could boost digital asset adoption and improve investor sentiment going forward.
Bitcoin fell to its lowest level since August 3, dropping below $63,000, as spot bitcoin ETFs experienced $192 million in consecutive outflows for the first time since late July. Despite U.S. stocks rising on cooler producer price inflation data, cry...
Large institutional traders on CME have shifted to a modest net long position in Bitcoin futures, with leveraged funds cutting their net short exposure by nearly 40% since May. This change coincides with renewed inflows into spot Bitcoin ETFs and acc...
After the failure of Bitcoin's BIP-110 soft fork aimed at limiting nonfinancial data, Bitcoin blocks were flooded with heavy data like NFTs, challenging censorship efforts. Ripple CTO Emeritus David Schwartz emphasized that in public blockchains, opi...
Bitcoin and XRP are under selling pressure due to regulatory delays, weak ETF demand, and rising U.S. Treasury yields. Bitcoin trades near $62,800, while XRP hovers around $1, a critical support level. The U.S. SEC has postponed key regulatory meetin...
Bitcoin's 365-day running return on investment (ROI) has dropped to about 0.514, meaning holders who kept Bitcoin for a year have lost roughly 49% of their investment value. This negative ROI signals a tough market phase, similar to past bear markets...
