Bloomberg Analyst: Institutions Universally Reduce Holdings of Ethereum ETF in Q4, with Hedge Funds as Biggest Sellers

BlockBeats News, February 27th, Bloomberg analyst James Seyffart wrote on X platform stating, "In the fourth quarter of 2025, institutions that submitted 13F reports to the U.S. Securities and Exchange Commission mostly sold off their Ethereum ETF positions, especially hedge funds. Against the backdrop of a sharp basis drop in early October and continued low levels, they have been reducing their related positions."