Exodus CEO: Institutions Accelerating Entry, Crypto Market May Enter 'Institution-Dominated Cycle'

Odaily Planet Daily reports that Exodus CEO JP Richardson stated that institutions are accelerating their entry into the crypto market this year, while retail participation has declined. The market may be entering a new phase dominated by institutions. He pointed out that the current stablecoin market capitalization has reached an all-time high, and traditional financial institutions are continuously expanding their presence, including launching Bitcoin ETFs and establishing crypto-related business divisions. MN Fund founder Michaël van de Poppe also noted that under inflation and living cost pressures, retail funds are constrained, and this cycle may exhibit characteristics of institutional dominance with a longer duration. Additionally, CryptoQuant data shows that inflows to small accounts holding less than 1 BTC on Binance have dropped to a near nine-year low, indicating a decline in retail participation. (Cointelegraph)