News
Hedge Funds Cut Tech Positions, Bitcoin Holds Up
Hedge funds cut technology positions at the fastest pace since at least 2016, according to a report citing Goldman Sachs prime brokerage data. Bitcoin fell 1.27% versus the Nasdaq-100's 5.49% from Oct. 9–16, with a four-hour timestamp difference. US spot Bitcoin ETFs attracted a net $526.7 million in the week to Oct. 19, led by $665.2 million into IBIT.