Hedge Funds That Piled Into US Bitcoin Funds Are First to Exit

Blockchain

Bitcoin

Cryptocurrency

23rd February 2026

Hedge funds that helped fuel a boom in US exchange-traded funds holding Bitcoin are in rapid retreat.

Aggregate Bitcoin ETF allocations among the largest hedge fund holders fell 28% from the third to the fourth quarter of 2025, according to data compiled by CF Benchmarks, a wholly-owned subsidiary of crypto exchange Kraken.

Author

Sidhartha Shukla

Source

bloomberg.com

ORACLEˆ

A Powerful AI Strategy & Indicator

ORACLE^ Circles and Trend Line

Clear and concise chart visuals, the only indicator you will ever need!

Ready to Use

Configured out of the box for practically any market, cryptocurrency or securities. Leveraging the power of Tradingview.com

Trade with confidence

Use the ORACLE^ Circles and Trend Line to make easy data backed trading decisions

We built one of the smartest in class Indicators that is a powerful trading tool to help magnify your investment gains in practically any market.

With the ORACLE^ Circles that light up red or green, you won't have to worry about indecisive short or long trade entries. The ORACLE^ Trend Line provides further confidence on market direction giving you a higher chance of executing a profitable trade, everytime.

DISCOVER