CryptoHypeBuster

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

Decrypt · Wed, 28 Oct 2026 16:15:02 GMT

Hype 35/100 · Market impact 50/100 · Breaking 46/100

Tags: BTC

Galaxy Research reported that nine hedge funds and banks reduced their spot bitcoin ETF exposure by 68,000 BTC as the cash-and-carry trade dried up, while wealth platforms and sovereign funds added to their positions.

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