Negative
Seeking Alpha
2 days ago
As Asset Managers Exit Crypto, The Music May Be Stopping For Many Cryptocurrencies
Crypto-related stocks are outperforming both Bitcoin and broader equity markets YTD, a divergence driven by AI infrastructure pivots, stablecoin adoption and the ongoing equity bull market. Recent 13F filings show major asset managers are also reducing direct crypto exposure (BTC, ETH, XRP, SOL) while rotating into selected crypto infrastructure names.