Anthropic is pushing for a Nasdaq IPO as soon as next week despite reports that its previous 69.3 billion dollar valuation filing was inaccurate. While the AI sector faces this pricing uncertainty, institutional behavior in crypto is shifting. Jane Street increased its Fidelity Bitcoin ETF holdings nearly 8x in Q3, while trimming its BlackRock position. This happens as $BTC fell below its 200-week moving average and dropped 6.01 percent in the last 24 hours.
My read is that institutional desks are using ETF rebalancing to manage risk while the broader tech market struggles with valuation transparency.
Are you following the institutional ETF flows or do you prefer tracking on-chain spot movements?
#AnthropicRejectsIPODelayValuationinQuestion
My read is that institutional desks are using ETF rebalancing to manage risk while the broader tech market struggles with valuation transparency.
Are you following the institutional ETF flows or do you prefer tracking on-chain spot movements?
#AnthropicRejectsIPODelayValuationinQuestion