Macquarie Discloses Reduction in Bitcoin and Ethereum ETFs, Increase in Circle and BitMine Shares

On May 21, according to 13F filings submitted by Australian financial services company Macquarie Group Ltd in mid-May, its IBIT holdings decreased from 5.126 million shares to 4.139 million shares between the periods ending December 31, 2025, and March 31, 2026, a reduction of approximately 19.3%. The corresponding asset value dropped from about $255 million to $159 million. ETHA holdings also decreased from 3.634 million shares to 3.289 million shares, a reduction of about 9.5%, with the corresponding asset value falling from approximately $81.5 million to $52.1 million. In terms of crypto stocks, Macquarie Group reduced its Coinbase position by 19% but increased its Circle holdings by 188% (valued at $2.326 million at the end of the first quarter) and added a BitMine position (valued at $4.153 million at the end of the first quarter).