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Bitcoin ETF Holdings Drop by 25,000 BTC in Q4 2025 as Mutuum Finance Protocol Activity Expands
Bitcoin ETF holdings declined by approximately 25,000 BTC in Q4 2025, according to new regulatory filings, reflecting reduced institutional exposure during a period of broader market weakness. While large-cap assets continue to face outflows and positioning adjustments, activity within certain decentralized finance protocols, including Mutuum Finance, has continued to expand, highlighting diverging trends within the digital asset market.