Sell down BTC and ETH ETF holdings, increase holdings of Circle Bitmine—those who don’t understand this combo are still watching the price, while those who do understand are watching infra.

Crypto news, Australian financial services company Macquarie Group Ltd submitted a 13F filing in mid-May showing that its Bitcoin ETF holdings decreased from 51.26 million shares to 41.39 million shares, a reduction of about 19.3%, with asset value dropping from approximately $255 million to $159 million. Ethereum ETF holdings decreased from 3.634 million shares to 3.289 million shares, a reduction of about 9.5%, with asset value dropping from approximately $81.5 million to $52.1 million. Additionally, Macquarie Group cut its position on Coinbase by 19%, while increasing its holdings on Circle by 188%, with a value of $2.326 million as of the end of Q1, and added a Bitmine position, valued at $4.153 million as of the end of Q1.