✉news BusinessCrypto first seen 3 d ago, last 2 d ago, peak #8
Hedge funds cut Bitcoin while brokerages buy in, CoinShares says
Original: Hedge funds cut Bitcoin, brokerages load up in Q2: CoinShares report
A CoinShares report on second-quarter positioning shows hedge funds reduced their Bitcoin holdings, while brokerages increased their exposure to the cryptocurrency. The findings point to a split in how professional investors are approaching Bitcoin this quarter, with leveraged funds pulling back as brokerage firms add to their crypto positions, according to data compiled by the digital asset manager.
Why now: Investors are watching institutional positioning in Bitcoin for signals on where the market is heading.
CoinSharesBitcoinhedge fundsbrokerages
Evidence
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