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Bitcoin’s Q2 selloff split Wall Street as banks bought, hedge funds cut and sovereigns held

Bitcoin fell 14.2% in the second quarter, while institutional Bitcoin ETF holdings rose 7.5% over the same period, climbing from 498,389 to 535,723 BTC equivalent. Fewer institutions drove that increase, with the number reporting Bitcoin positions through 13F filings falling roughly 6.8%, from about 2,000 to around 1,900. Those figures are Bitcoin Strategy's second-quarter estimate, […] The post Bitcoin’s Q2 selloff split Wall Street as banks bought, hedge funds cut and sovereigns held appeared first on CryptoSlate.

Bitcoin’s Q2 selloff split Wall Street as banks bought, hedge funds cut and sovereigns held