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Wall Street’s Fast Money Fled Bitcoin ETFs, Sovereign Funds Stepped In

Wall Street’s Fast Money Fled Bitcoin ETFs, Sovereign Funds Stepped In
Photo: Decrypt

BTC when published $80,435Now $81,058 ▲ +0.78% since it was published

Galaxy Research found that nine hedge funds and banks cut 68,000 BTC worth of spot ETF exposure as the cash-and-carry trade dried up, while wealth platforms and sovereign funds added.

First reported by Decrypt. This page is a short excerpt; the full text is theirs.

Read the full story at Decrypt (opens in a new tab)

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