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 price hovered around $77,850 after briefly surpassing $78,300, as traders await key events this week: the Federal Reserve's interest rate decision and a Senate vote on the Crypto Clarity Act. Last week, U.S. spot Bitcoin ETFs saw $462.73 mill...
Strategy chose not to buy more Bitcoin between Sept. 8 and 13, instead spending $139.3 million to repurchase 1.42 million shares of its STRC preferred stock. The company holds 845,050 BTC, worth about $63.73 billion at an average cost of $75,412 per ...
Bitcoin and other cryptocurrencies are gaining as investors become more optimistic about the US Digital Asset Market Clarity Act, which aims to create clearer federal rules for digital assets. The odds of the Act passing in 2026 have increased from 1...
Bitcoin climbed nearly 2% to over $78,000 as the broader cryptocurrency market advanced, defying losses in technology stocks and rising oil prices. Ether and XRP also saw notable gains, while traditional markets like Nasdaq futures and gold declined....
Ethereum's market dominance and ETH/BTC ratio both rose over 25% in Q3, marking the highest quarterly increase since 2025. This surge is partly due to Bitcoin's weakness near the $80k resistance level, which has prompted capital rotation into Ethereu...
