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Pension funds may sell US$32 billion in stocks to adjust positions, and Bitcoin ETFs may see strong demand

Pension funds may sell US$32 billion in stocks to adjust positions, and Bitcoin ETFs may see strong demand

Bitget2024/03/31 11:32
By:Bitget

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.

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