(Reuters) -A number of high-profile asset managers cut their stakes in spot bitcoin exchange-traded funds amid a 12% drop in the cryptocurrency's price in the first quarter of 2025, according to recent regulatory filings. This marks a shift from previous quarters when asset managers had typically increased their holdings in spot bitcoin ETFs, as shown in previous quarterly 13-F filings with the Securities and Exchange Commission. Spot bitcoin ETFs, which made their market debut in January 2024, now paint a more complex picture.
Warren Buffett's Berkshire Hathaway Sheds Citi Stake, Trims Other Big Bank Holdings
Warren Buffett’s Berkshire Hathaway sold its shares of Citigroup during the first quarter, while trimming its stakes in Bank of America and Capital One.
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