Deep analysis of institutional 13F filing activity and smart money moves
80 insights
Admiral Samuel Paparo, commander of US Indo-Pacific Command, told both the House and Senate Armed Services Committees this week that the military is actively running a Bitcoin node for cybersecurity testing. He described the protocol as a tool for American 'power projection' in competition with China — the first time a sitting US combatant commander has publicly confirmed military participation on the Bitcoin network.
Strategy now holds 815,061 BTC — surpassing BlackRock's IBIT at 802,824 BTC for the first time since Q2 2024. The overtake was fueled by a $2.54 billion purchase last week (34,164 BTC), Strategy's third-largest ever, funded through perpetual preferred stock and equity issuance during a period when BTC was 40% below its all-time high.
Crypto exchange-traded products posted $1.4 billion in weekly inflows, topping last week's $996M and marking the strongest three-week stretch since January. Total AUM rebounded to $154.8B — the highest since early February. Ether funds flipped year-to-date positive for the first time in 2026.
US spot Bitcoin ETFs attracted $996M in weekly net inflows, the most since early January, powered by a $663.9M Friday surge as geopolitical de-escalation triggered a risk-on wave. Total ETF AUM crossed $101B for the first time. BlackRock IBIT alone added $269.3M Thursday — its best day in a month. The flows pushed YTD net inflows back within $80M of positive territory after months of outflows.
Charles Schwab announced Schwab Crypto, offering direct spot BTC and ETH trading to retail clients via linked accounts with Paxos execution and 0.75% fees. With $12.2T in client assets and 39 million accounts, it's the largest traditional brokerage to offer direct crypto trading. The move caps a historic week that included Morgan Stanley's MSBT ETF launch and Goldman Sachs's Bitcoin income ETF filing.
MSBT has attracted over $103M in net inflows within its first week, surpassing WisdomTree WBTC ($86M accumulated since January 2024) and marking Morgan Stanley's most successful ETF launch ever. The 0.14% fee fund now has six consecutive days of inflows, while Goldman Sachs filed for a competing Bitcoin income ETF and BlackRock is preparing its own income-focused product.
MSBT reached $103M in AUM in just 8 days, overtaking WisdomTree's 15-month accumulation. The cheapest BTC ETF (0.14% fee) is winning through 16,000 financial advisor distribution, not just price competition.
Institutional investors poured $786M into crypto ETFs between April 10-13, approaching $1B in weekly inflows. For the first time, ETH ETFs outpaced BTC ETFs as Ethereum on-chain activity jumped 41%. Harvard's endowment rotated from BTC to ETH back in February — now the ETF flow data confirms institutional rotation is real.
U.S. spot Bitcoin ETFs recorded $471 million in net inflows on April 6, the largest single-day total since Feb. 25 and the 6th-biggest of 2026. BlackRock IBIT led with $182M, Fidelity FBTC added $147M, and ARKB saw its largest daily inflow since July 2025 at $119M.
The US Department of Labor published a proposed rule to allow crypto in 401(k) retirement plans. With $7.4T in US 401(k) assets, even a 1-2% allocation represents $74-148B in potential Bitcoin demand.
Abu Dhabi's sovereign wealth fund increased its BlackRock IBIT position by 46% to 12.7 million shares (~$600M), marking the first major sovereign wealth fund accumulation of spot Bitcoin ETFs.
March 2026 analysis reveals Bitcoin ETF inflows normalizing, NVDA institutional ownership steady at 68.4%, and early quantum positions being trimmed as institutions consolidate.
BlackRock's iShares Bitcoin Trust (IBIT) shattered ETF growth records, becoming the fastest exchange-traded fund ever to reach both $50 billion and $80 billion in assets under management. IBIT hit $80B in just 374 days — a milestone that took Vanguard's S&P 500 ETF (VOO) nearly five times longer.
Goldman Sachs disclosed a $153.8 million position across four spot XRP ETFs in its Q4 2025 13F filing — making it the largest institutional holder of XRP ETFs with approximately 73% of all reported institutional exposure.
Bitcoin ETF inflows dropped 73% in March to $890M, down from Februarys $3.3B. Institutional ownership remains strong at 67% with average holding period of 127 days.
BlackRock increased its IONQ position by 83.74% to 27.8 million shares (7.8% ownership), signaling strong conviction in quantum computing sector.
U.S. spot Bitcoin ETFs recorded their longest weekly inflow streak of 2026, accumulating ~$2B over 3-4 consecutive weeks while Bitcoin price dropped to a one-year low of $68,424.
In a landmark regulatory clarification, the SEC and CFTC jointly classified 16 major cryptocurrencies including Bitcoin, Ethereum, Solana, and XRP as digital commodities — not securities.
ETH ETFs recorded $131.2M net outflow on March 19 (largest from BlackRock ETHA at -$102M). Meanwhile, NVIDIA secured US/China approval to sell H200 GPUs, with Blackwell Ultra ramping and Rubin on track for 2026.
Bitcoin spot ETFs recorded $1.16B in inflows over 7 consecutive days ending March 17, with BlackRock IBIT leading. Total monthly flows estimated at $2.1B.