bitcoin ·
Morning Minute: Hedge Funds Left the BTC ETF Trade and Sovereign Wealth Stepped In
Now the BTC ETFs have flipped green for the month after $400M+ inflows this week, setting the stage for a big November.
The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our daily news show 'FOMO HOUR' covering all of the top stories and market action. Oct 23Oct 25Oct 26Oct 28Oct 30$82.0k$80.3k$78.6k$76.8k24h HighHigh$81,84024h LowLow$76,443VolVol$2.5B→Buy Bitcoin with USDTPowered by Jupiter$50$100$500BuyPrice data by CoinGeckoCoinGeckoMore Bitcoin news and projections →Hedge Funds Left the BTC ETF Trade and Sovereign Wealth Stepped In Every quarter, big institutions have to tell the SEC what they own.
Add up those filings from just before Bitcoin’s October 2025 high through the end of June, and the picture is clear: nine hedge funds and banks sold about 68,000 Bitcoin worth of ETF shares over those nine months, around $5.4 billion at today’s prices. Shaw and five others led the selling. The trade had nothing to do with believing in Bitcoin.
Reported by Decrypt.
