Bitcoin ETF Holders Offload Significant Shares During Q4

The fourth quarter of 2025 saw a significant reduction in exposure by holders of spot bitcoin exchange-traded funds (ETFs). According to an analysis by Bloomberg's James Seyffart, these investors sold shares equivalent to approximately 25,098 BTC. This selling pressure led to outflows from the funds, with some of the largest issuers contributing significantly.

The drop in price during Q4 2025 was substantial, with bitcoin falling from an all-time high above $120,000 to under $85,000. The current trading price is around $64,000 as of Tuesday.