CoinShares: Institutions Maintain Steady Holdings Amid Bitcoin's 23% Pullback

Odaily News According to CoinShares, despite Bitcoin's price dropping approximately 23% from its all-time high of nearly $125,000 recorded in early October, institutional investors have maintained a stable holding stance. CoinShares analyst Matt Kimmell stated that professional investors only slightly reduced their holdings, while long-term investors such as pension funds and sovereign wealth funds continued to "quietly accumulate." The report noted that global Bitcoin ETF inflows remained positive, indicating that the selling pressure in the fourth quarter stemmed more from profit-taking by long-term holders rather than an exodus of new institutional capital. (Coindesk)