Coinbase research analyst: The proportion of institutional holdings in US Bitcoin spot ETFs will decrease in the first quarter of 2025
2025-05-29 02:35
According to Foresight News, Coinbase research analyst David Duong tweeted that according to the latest 13F filing data for US spot ETFs in the first quarter of 2025, institutional holdings have decreased from 29% to 25%, mainly due to a decrease in hedge fund participation in basis trading. The shareholding ratio of investment advisors has increased from 10.8% to 12.4%.