Macquarie Group reduces Bitcoin and Ethereum ETF holdings, increases stakes in Circle and BitMine

Odaily reported that Australian financial services firm Macquarie Group Ltd, in its 13F filing submitted in mid-May, compared its holdings between the periods ending December 31, 2025, and March 31, 2026. Its IBIT holdings decreased from 5.126 million shares to 4.139 million shares, a reduction of approximately 19.3%, with the corresponding asset value falling from around $255 million to $159 million. ETHA holdings dropped from 3.634 million shares to 3.289 million shares, a decrease of about 9.5%, with the asset value declining from approximately $81.5 million to $52.1 million.

In terms of crypto stocks, Macquarie Group cut its stake in Coinbase by 19%, increased its position in Circle by 188% to a value of $2.326 million as of the end of the first quarter, and added a new stake in BitMine valued at $4.153 million as of the end of the first quarter.