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Wall Street firms and large investors increased bitcoin ETF exposure in Q2 even as bitcoin fell 14% and smaller investors exited, per CoinShares’ Bitcoin 13F Q2 2026 report. Hedge funds cut bitcoin ETF holdings by 22%, leaving them with less than half their 2025 year-end positions. The shift points to consolidation of bitcoin ETF ownership among larger institutions, including products such as ARKB.
Wall Street firms and other large investors added bitcoin exposure in the second quarter, even as a 14% drop in bitcoin’s price sent smaller investors to the exits, according to CoinShares’ Bitcoin 13F Q2 2026 report.
Hedge funds cut exposure
Hedge funds reduced their bitcoin ETF exposure by 22%, leaving them with less than half of their 2025 year-end holdings, according to the report.
Ownership consolidates
The divergence between large investors adding exposure and smaller investors exiting points to a consolidation of bitcoin ETF ownership among larger institutions. The report cites products including ARKB among the bitcoin ETF landscape.
The findings were published in CoinShares’ Bitcoin 13F Q2 2026 report, as covered by etftrends.com.