Sovereign wealth funds remain passive as Wall Street giants aggressively increase positions against the trend.

13F filings reveal that while the Abu Dhabi sovereign wealth fund reduced its holdings, it maintained its existing positions. Meanwhile, institutions such as JPMorgan and UBS Group significantly increased their exposure to Bitcoin ETFs and options. Despite broader market outflows, upcoming policy meetings may prove pivotal in breaking the current deadlock.

Zhitong FinanceAug 17 11:10

Bank of America: Do not bet solely on AI; recommends going long both “Pride” and “Prejudice,” while positioning in gold and Hong Kong real estate.

Bank of America posits that the optimal strategy amid the AI bubble is to simultaneously go long on "arrogance" (AI technology stocks) and "prejudice" (neglected, underperforming assets shunned by the market), while shorting AI-related bonds. Although Bank of America’s Bull & Bear Indicator is in extreme territory, capital is flowing into gold and commodities, with private client equity allocations hitting record highs. Amid debt pressures and yield volatility, avoiding the U.S. dollar and bonds remains the central theme.

wallstreetcnAug 15 19:58

Kraken Parent Payward Joins Glasswing, Gets Access to Claude Mythos to Hunt Security Flaws

Decrypt35minutes ago

Bitcoin Could Become the 'S&P 500 Of The Future' Thanks to AI Development, Macro Veteran Jordi Visser Says

Benzinga05:31

Matador Expands ATM Flexibility and Ties Equity Proceeds to Bitcoin Collateral

TipRanks05:11

Bitcoin Eyes Breakout as 6-week Symmetrical Triangle Narrows

Seeking Alpha03:53