CoinShares: Bitcoin's decline fails to shake institutional investor confidence

According to market news, CoinShares stated that despite the price of Bitcoin dropping about 23% from last year's historic high of nearly $125,000, institutional investors remain stable in their holdings.

CoinShares analyst Matt Kimmell noted that professional investors have only slightly reduced their positions, while long-term investors such as pension funds and sovereign wealth funds continue to "silently accumulate." The report pointed out that global Bitcoin ETF inflows remain positive, indicating that the sell-off in the fourth quarter is more from long-term holders taking profits rather than new institutional funds withdrawing.