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Galaxy Research says hedge funds cut 68,000 BTC of spot ETF exposure

Crypto Briefing·October 28, 2026·1 min read
Galaxy Research says hedge funds cut 68,000 BTC of spot ETF exposure

Galaxy Research reports hedge funds cut 68,000 BTC of spot ETF exposure, signaling a strategic shift toward yield optimization. The sell-off impacts market sentiment and institutional dynamics, as large players reduce their bitcoin holdings in exchange-traded funds, potentially affecting price stability and investor confidence.

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