Macquarie Group Reduces IBIT and ETHA Holdings, Increases Positions in Circle and BitMine in Q1 2026

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Macquarie Group reduced its holdings in IBIT and ETHA in Q1 2026, according to a 13F filing dated May 15. The firm decreased its IBIT stake by 19.3% to 4.139 million shares, with the value declining from $255 million to $159 million. Its ETHA position fell by 9.5% to 3.289 million shares, valued at $52.1 million compared to $81.5 million. Simultaneously, Macquarie increased its stake in Circle by 188% to $2.326 million and established a new $4.153 million position in BitMine. Amid mixed signals from the Fear & Greed Index, altcoins such as BitMine and Circle are attracting growing interest from major investors.

According to Macquarie Group Ltd.’s 13F filing submitted in mid-May, as of March 31, 2026, the group reduced its holdings in BlackRock’s Bitcoin ETF (IBIT) from 5.126 million shares to 4.139 million shares, a decrease of approximately 19.3%, with the corresponding asset value declining from about $255 million to $159 million. Holdings in the Ethereum ETF (ETHA) fell from 3.634 million shares to 3.289 million shares, a reduction of about 9.5%, with the corresponding asset value dropping from approximately $81.5 million to $52.1 million. Regarding cryptocurrency stocks, Macquarie reduced its position in Coinbase by approximately 19%, significantly increased its stake in Circle by 188% (holding value of approximately $2.326 million), and established a new position in BitMine (holding value of approximately $4.153 million).

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