Key Highlights Major institutions held crypto allocations through a roughly 50% market decline between October 2025 and April 2026, with none of the 15 interviewed by Bitwise reducing exposure and several increasing positions. Bitcoin serves as the universal first, largest, and longest-held crypto asset for every institutional holder surveyed, with allocations typically ranging from 1% ...
Key Highlights Bitcoin ETFs have shifted ownership toward financial advisers and professional investors who typically allocate around 2% of portfolios to the asset, compared to 20–30% or more for crypto-native retail investors. Institutional rebalancing behavior—buying after declines and selling after surges to maintain target weights—is expected to soften sell-offs but also cap the magnitude of ...
Key Highlights CryptoQuant CEO Ki Young Ju forecasts Bitcoin appreciation of 3–5x in the current bull cycle, significantly below the 10x+ gains seen in prior cycles. Growing institutional participation and market maturation are reducing both upside volatility and downside crash risk, potentially making future bear markets milder. Ki argues this structural shift positions Bitcoin as ...
Key Highlights Morgan Creek Capital Management CEO Mark Yusko signals Bitcoin has transitioned from a “distribution” phase to an “accumulation” phase, citing higher lows, higher highs, and a break above key moving averages. Yusko’s valuation model pegs Bitcoin’s current fair value at approximately $105,000 based on Metcalfe’s Law and network valuation models, suggesting the asset ...
Key Highlights Devere Group CEO Nigel Green argues Bitcoin’s recovery is gaining durability from sustained institutional inflows into regulated U.S. spot ETFs, marking a shift from leveraged speculation to “patient capital.” Despite a net inflow of approximately $6.1 million across five trading days through Sept. 18, the trend remains fragile after $746.3 million in withdrawals ...
Key Highlights US spot XRP exchange-traded products recorded a $5.15 million outflow on September 17, breaking a month-long streak of inflows totaling $192 million. The single-day reversal marks the first significant test of whether sustained investor demand for XRP-linked investment vehicles is beginning to cool. Despite the interruption, cumulative flow data indicates the broader monthly ...
Binance Highlights Shift Toward On-Chain IPOs as Capital Markets Evolve Binance has sparked industry discussion by addressing the potential transition of initial public offerings (IPOs) to on-chain models, a move that could fundamentally reshape how capital markets operate. The conversation, highlighted in a recent Binance tweet, signals a broader trend toward blockchain adoption in traditional ...
Crypto Derivatives Face Uncertainty After Clarity Act Failure The collapse of the Clarity Act has triggered significant concern across the cryptocurrency derivatives market, with sophisticated investors warning that regulatory ambiguity may drive institutional capital away from speculative trading products. Market Reaction: Volumes Vanish Amid Regulatory Void Trading activity has ground to a near halt. According ...
Bitwise Investment Director Matt Hougan has weighed in on Strategy’s recent Bitcoin sale, noting that the transaction reflects routine capital management rather than financial distress. Despite the company selling over $200 million worth of BTC, the cryptocurrency’s price continued to climb — a signal Hougan says points to robust buying demand across the market. Sale ...
Bitwise Accumulates $107.4 Million in SOL as Solana ETF Inflows Persist Leading asset management firm Bitwise has significantly increased its Solana position, acquiring $107.4 million worth of SOL tokens despite sluggish momentum in the broader Solana ETF market. The substantial purchase, identified through on-chain analytics platform Arkham Intelligence, coincides with a month of consistent capital ...