Coinbase Research Analyst: Quarter 1 2025 US Bitcoin spot ETF institutional shareholding ratio decreases
2025-05-29 02:38:05
Coinbase research analyst David Duong tweeted that according to the latest 13F filing data for the Quarter 1 US spot ETF in 2025, the institutional shareholding ratio fell from 29% to 25%, mainly due to the reduced participation of hedge funds in basis trading. The shareholding ratio of investment advisors rose from 10.8% to 12.4%.
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