Most 13F filers sold BTC ETFs in Q4, says Bloomberg analyst

Most companies filing 13F forms sold their Bitcoin ETF holdings in the fourth quarter of last year, according to Bloomberg ETF analyst James Seyffart. He said via X that this was an expected outcome, with asset managers and hedge funds—the largest holders—being the most significant sellers. Seyffart added that these firms sold ETF shares equivalent to approximately 25,000 BTC during the quarter.