BTC Miners Pledge 12% of Treasury to Fund AI Compute Pivot
The flow tells two stories at once: stronger miners are borrowing against their coins to fund AI buildouts, while stressed peers are forced sellers.
Every Zipp story tagged #CoinShares, newest first.
The flow tells two stories at once: stronger miners are borrowing against their coins to fund AI buildouts, while stressed peers are forced sellers.
A nine-figure ETH transfer to a US venue is the kind of flow that reads as positioning rather than arbitrage, and CoinShares' ETP book gives the deposit a plausible desk read.
The transfer itself is small; the read underneath is that even healthy miners are flipping treasury coins to fund the build-out of data-centre capacity the AI trade has made unavoidable.
The gap is policy, not demand: 61% of European wealth firms ban advisor involvement entirely, and advisors inside restricted shops are 8.5x more likely to have clients holding crypto on their own.
The 17% QoQ drawdown is the headline; the split inside it is the story — hedge funds cut 39%, brokers 53%, while JPMorgan, Wells Fargo and Citi quietly added.
US-based funds have driven $1.7 billion in global crypto ETP outflows, according to CoinShares data, as the redemption…
Global crypto exchange-traded products bled $1.5 billion in net outflows last week, with bitcoin-focused products…
The $1.07B weekly redemption — Bitcoin-led and U.S.-concentrated — marks the third-largest of 2026, with Iran-driven risk-off doing the work that fading Clarity Act momentum couldn't fully offset.