CoinShares Q1 2026 data: Professional investors cut 52.5K BTC as holdings fell 17%

In Q1 2026, professional investors reduced Bitcoin exposure by about 52.5K BTC, taking holdings from 313K BTC to 261K BTC alongside a 22% BTC correction. The pullback was concentrated in hedge funds and brokerages, while banks, governments, private equity firms, and advisors largely held steady or added exposure, suggesting ownership may have rotated toward longer-term allocators.