$USDC
Bitcoin news today: Institutional holdings of Bitcoin ETFs decrease for the first time since the launch of spot ETFs.
Bitcoin ETF holdings fell 23% in Q1 2025, according to a report from CoinShares.
Institutional interest in Bitcoin ETFs has recorded its first quarterly decline since the launch of U.S. spot ETFs, according to CoinShares' Q1 2025 report. The holdings managed by institutions decreased from $27.4 billion in Q4 2024 to $21.2 billion, reflecting a 23% decrease during this period.