Summary
- James Seyffart, a Bloomberg ETF analyst, said that institutions sold most of their Bitcoin ETFs in Q4 last year, as expected.
- He said that, according to Form 13F disclosures, companies filing holdings reports cut Bitcoin ETF positions significantly during Q4 2025, and that asset managers and hedge funds sold the largest amounts.
- According to Seyffart, Form 13F filers were net sellers of ETF shares equivalent to about 25,000 BTC as of Q4 last year, suggesting institutional investors may have reduced exposure.
James Seyffart, a Bloomberg ETF analyst, said that with respect to institutions’ Bitcoin (BTC) exchange-traded fund (ETF) holdings in the fourth quarter of last year, “as expected, most moved to sell.”
In a post on X (formerly Twitter) on the 24th (local time), he said, “Companies that filed Form 13F sharply reduced their Bitcoin ETF positions during Q4 2025,” adding, “In particular, asset managers and hedge funds—the largest holders—sold the most.”
According to Seyffart, Form 13F filers were net sellers of ETF shares equivalent to about 25,000 BTC as of Q4 last year.
This suggests institutional investors may have reduced exposure due to increased price volatility or for portfolio rebalancing.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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