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.
On October 25, Bitcoin (BTC) led cryptocurrency inflows with $6.29 million, followed by Zcash (ZEC) at $4.68 million and Solana (SOL) at $3.06 million. Despite BTC's inflow, it also recorded the largest outflow at $43.90 million. Stablecoins saw mixe...
Bitcoin's price stayed above $80,000 but showed a slight decline amid falling trading volume and fewer active wallets, signaling reduced market participation. Despite this, sentiment improved slightly within neutral territory, supported by increased ...
Open interest decreased over 24 hours for five major cryptocurrencies, with Solana experiencing the largest drop at 3.62%. XRP recorded the highest perpetual-futures funding rate at 0.0100% every eight hours, equivalent to 10.9% annualized, indicatin...
On October 25, XRP's dollar-margin long position share fell by 3.97 percentage points to 66%, marking the largest decline among five tracked assets including Bitcoin, Ethereum, Solana, and Dogecoin. Meanwhile, Ethereum's dollar-margin long account sh...
Prediction markets show a decline in the likelihood of XRP reaching $2 by year-end to 23%, down 1% in a day, and Bitcoin hitting $100,000 by year-end at 18%, down 5% from the previous day. Ethereum's chance of reaching $3,500 by year-end increased to...
