Svmuu News Exodus CEO JP Richardson stated that institutions are accelerating their entry into the crypto market this year, while retail participation has declined, potentially signaling the market's entry into a new, institution-led phase.
He pointed out that the current stablecoin market cap has reached a record high, and traditional financial institutions continue to expand their presence, including launching Bitcoin ETFs and establishing crypto-related business divisions. MN Fund founder Michaël van de Poppe also noted that under pressure from inflation and rising living costs, retail capital is constrained, suggesting this cycle may be characterized by institutional dominance and potentially longer duration.
Furthermore, CryptoQuant data shows that inflows into accounts holding less than 1 BTC on Binance have dropped to their lowest level in nearly nine years, indicating a decline in retail participation. (Cointelegraph)