Wall Street Q2 Crypto Moves: BTC Holdings Up 7.5%, ETH Exposure Leads

The divergence between falling Bitcoin prices and rising institutional holdings suggests 13F filers were accumulating into weakness rather than chasing momentum, while spot ETF outflows point to different investor bases with different mandates. Ethereum's faster growth across banks like Morgan Stanley and JPMorgan hints that regulated exposure is broadening beyond a single asset, and the shift toward options among hedge funds implies positioning is becoming more tactical. Whether this accumulation persists if price weakness continues, and whether the new bank entrants deepen ETH exposure, is the open question.