According to @Andre_Dragosch, the worst bear market in US Treasuries alongside the post-Ukraine weaponization of USTs has accelerated a rotation into hard assets, with gold’s share of international reserves at multi-decade highs (source: @Andre_Dragosch). He states Bitcoin’s correlation to US Treasuries has collapsed to record lows while global banks, sovereign wealth funds, and institutions disclosed meaningful allocations to Bitcoin ETFs via 13F filings, signaling growing institutional adoption that matters for liquidity and price discovery (source: @Andre_Dragosch). He highlights three trading-relevant advantages of BTC versus gold in a bond-focused portfolio: lower interest-rate sensitivity, tendency to outperform gold on down days for Treasuries, and reduced portfolio volatility and drawdowns when small BTC allocations are added to sovereign bond exposures (source: @Andre_Dragosch). He adds that while gold remains the stronger hedge versus equity risk, BTC is increasingly treated as an alternative reserve asset and a sovereign bond hedge, with examples including discussions by the Czech National Bank on BTC as a diversifier, Brazil’s proposal for a Strategic Bitcoin Reserve, and a US Executive Order that set a framework for digital assets (all as reported by @Andre_Dragosch) (source: @Andre_Dragosch). Trading takeaway: monitor BTC–UST correlation regimes, track 13F-reported ETF flows for positioning signals, and consider small BTC sleeves as a hedge to duration drawdowns in sovereign bond portfolios while maintaining gold for equity-hedge characteristics (source: @Andre_Dragosch).

According to @EricBalchunas citing @JSeyff, the latest 13F filings show that Advisors have become the leading holders of spot Bitcoin ETFs, now ranking number one by a wide margin. Currently, these 13F filers, which include significant institutional investors, represent 20% of the total assets in spot Bitcoin ETFs. The data indicates this figure is likely to climb to 35-40% as adoption from major financial wirehouses increases. This shift reflects growing institutional confidence in Bitcoin ETFs and could drive further liquidity and price stability in the crypto market. (Source: Twitter/@EricBalchunas, @JSeyff, 2025-06-04)

According to Brad Freeman (@StockMarketNerd), traders should exercise caution when reacting to 13F filings, as the reported trades may be several weeks old and positions could already be closed (source: Twitter). Freeman notes that while the 13F season can provide valuable inspiration and new trading ideas, it should not be used as a direct trading signal. For crypto market participants, this highlights the risk of lagging information affecting both traditional equities and crypto-linked stocks, emphasizing the need for real-time data and independent analysis when making trading decisions.

According to @btc_status, newly released 13F filings reveal that the percentage of institutional holdings in US spot Bitcoin ETFs has increased compared to Q4 2024, even after recent market downturns (source: @btc_status). Additionally, institutional positions across various spot BTC ETFs have grown, indicating heightened institutional interest. However, the overall percentage share of these ETFs remains relatively low compared to traditional ETFs, suggesting room for further growth in institutional adoption (source: @btc_status). This trend signals a potential positive impact on Bitcoin price stability and long-term crypto market inflows.