Bloomberg analyst: Most 13F filers sold ETH ETFs in Q4 last year

Most companies required to file 13F forms sold their Ethereum ETFs in the fourth quarter of last year, according to Bloomberg ETF analyst James Seyffart. In a post on X, Seyffart noted that this was an expected development. He added that hedge funds, in particular, were active sellers after the basis plunged in early October and remained low.