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Crypto
UAE exchange MidChains CEO says sovereign wealth funds accumulating spot bitcoin
A claim has emerged that sovereign wealth funds have recently been accumulating spot bitcoin, as retail participation slows and institutional and corporate money views current prices as a long-term opportunity. MidChains CEO Basil Al Askari said at least one sovereign wealth fund is buying spot bitcoin and up to two could be confirmed in coming weeks. He said such buying may not quickly lift prices but could signal other institutions.
Crypto
Institutional bitcoin holdings fall 17% in Q1, banks quadruple from year ago
Institutional investors\' bitcoin holdings via U.S. spot exchange-traded funds fell sharply in the first quarter of 2026, according to a CoinShares analysis of 13F filings cited by CoinPost. Holdings dropped 17% to 261,000 BTC from 313,000 BTC, while assets under management fell 35% to $17.8 billion. Hedge funds and broker-dealers drove most selling. Banks were net buyers, lifting holdings to 15,200 BTC, up 339% from a year earlier.
Crypto
Harvard cuts IBIT stake by 43 percent and exits ethereum spot ETF
Harvard University\'s endowment cut its holding of BlackRock\'s spot bitcoin ETF, iShares Bitcoin Trust (IBIT), by about 43 percent in the first quarter and sold its entire position in BlackRock\'s spot ethereum ETF, ETHA, according to SEC 13F filings cited by BeInCrypto. Harvard held 3,044,612 IBIT shares valued at about $117 million as of March 31. The endowment also sold a roughly $86.8 million stake in ETHA.
