๐ BTC Shake-Up: ETFs Trim Holdings While Institutions Double Down
According to data shared by Arkham on X, major Bitcoin ETF issuers such as Fidelity, Grayscale, and Ark have recently begun offloading portions of their $BTC holdings. Notably, Fidelity recorded an outflow of 2,965 BTC just yesterday, while BlackRock transferred 2,544 BTC to Coinbase Prime, likely as part of a sale.
While ETFs take a cautious step back, institutional players are moving in the opposite direction. Firms like Empery Digital, Strategy, H 100, and Metaplanetโall known for building robust Bitcoin treasuriesโare actively increasing their BTC reserves.
The divergence between short-term ETF actions and long-term institutional conviction continues to shape the Bitcoin landscape. ๐
DYOR No Financial advice!
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