SharpLink CIO Matt Sheffield highlighted on X that U.S. asset management firms typically submit their 13F reports within 45 days after each quarter's end, resulting in a natural data lag. Ethereum co-founder Joseph Lubin agreed, noting that disclosures of public companies increasing crypto holdings are indeed delayed. Lubin added that the crypto market is repricing in response to macroeconomic adjustments. Furthermore, Lubin mentioned that institutional investors have been steadily increasing their positions in SharpLink, with ownership data indicating growing institutional confidence.