Gate News bot message, Gold ETF assets under management reached $407 billion, more than double that of Bitcoin ETFs. Hedge funds reduced their Bitcoin ETF exposure by 28% in Q4 2025. Brevan Howard cut holdings by 86% from $2.4 billion to $275 million. Sculptor Capital reduced exposure by 90%, Farallon Capital by 70%, and DE Shaw by 52%. Symmetry exited Bitcoin ETF positions completely. The capital moved to gold investments.
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