Key Takeaways
- • Professional investors filing Form 13F held 264K BTC at the end of June, up 1.3% from 261K tokens, according to a CoinShares report published Friday.
- • Total U.S. spot Bitcoin ETF holdings declined over the same period, so the rise in professional holdings was not broad-based.
- • The report characterizes hedge funds as net sellers of Bitcoin while brokerages were net buyers in Q2.
- • Overall assets under management in Bitcoin products fell during the quarter, per the report's publisher summary.
Summary
Professional investors increased their Bitcoin holdings in the second quarter of 2026, even as overall U.S. spot Bitcoin ETF holdings declined, according to a CoinShares report published Friday, October 9. The report, as summarized by SA News Editor Sara Sethiya, found that 13F filers held 264,000 BTC at the end of June, up 1.3% from 261,000 tokens previously reported.
The report's publisher summary frames the quarter as a divergence within the investor base. Hedge funds reduced their Bitcoin exposure, while brokerages added to their positions. Total assets under management across Bitcoin investment products fell during the period, indicating that the net increase among 13F filers did not offset outflows elsewhere in the market.
Coverage of the report by Seeking Alpha and TradingView carries the same headline and core finding. The available material does not include a detailed breakdown of individual fund or brokerage positions, the specific quarter-over-quarter ETF outflow figures, or CoinShares' methodology for estimating holdings.
The report's publisher summary frames the quarter as a divergence within the investor base. Hedge funds reduced their Bitcoin exposure, while brokerages added to their positions. Total assets under management across Bitcoin investment products fell during the period, indicating that the net increase among 13F filers did not offset outflows elsewhere in the market.
Coverage of the report by Seeking Alpha and TradingView carries the same headline and core finding. The available material does not include a detailed breakdown of individual fund or brokerage positions, the specific quarter-over-quarter ETF outflow figures, or CoinShares' methodology for estimating holdings.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.