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

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.

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

Why this matters

Bitcoin is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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