Serenity said the market may be underestimating the significance of JPMorgan disclosing that it holds more than a 5.25% stake in Sivers (SIVE), arguing the move could signal broader institutional interest.
According to ChainCatcher, Serenity noted that while the reported $135 million position is not large for major U.S. institutions, Sivers’ limited free float could require institutions to accumulate shares gradually from retail holders.
Serenity added that JPMorgan’s entry may be interpreted by other institutions as a sign that large capital is buying available shares, potentially drawing additional institutional inflows.
He also said Sivers has a relatively high level of short interest in its free float, and that some short sellers, including certain Swedish hedge funds and quantitative funds, could face pressure to cover.
Separately, Serenity reiterated that JPMorgan increasing its Sivers stake to above 5% over the past month was, in his view, the first clear sign of large-scale institutional accumulation of the company’s free-float shares.
Serenity: JPMorgan’s 5.25%+ Stake in Sivers May Signal Further Institutional Buying
2026-06-08 14:34:51
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