Pension funds may sell US$32 billion in stocks to adjust positions, and Bitcoin ETFs may see strong demand
Bloomberg quoted Goldman Sachs as saying that as the stock market is set for another strong quarter, pension funds may sell an estimated $32 billion in stocks to rebalance their positions, which would be the largest since June 2023. adjustment. Institutional investors and pension funds often have strict distribution limits and use the end of the month and quarter to review market exposures. @kanazawa0x0 predicts that the end-of-quarter position adjustment should see a lot of demand for Bitcoin ETFs. Since it was only listed in January, the funds that intend to allocate have not had time to add to the investment portfolio. Next week may be a week of strong inflows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Publicly listed company Prenetics increases its total bitcoin holdings to 504.
BTC holdings of the Australian Monochrome spot Bitcoin ETF have risen to 1,158.
Analyst: Bitcoin has bottomed out in the short term, a rebound to $100,000 may occur