While ETF outflows grabbed attention, about $13b quietly moved into crypto via OTC, prime brokerage, and private funds, showing institutional demand runs deeper than ETF dashboards.
Summary
- A Daily Chain briefing highlights roughly $13b in capital flowing into crypto this week via prime brokers, OTC desks, structured products, and private vehicles that never show up in ETF flow reports.
- Finery Markets data show institutional crypto spot OTC volumes jumped 109% year-over-year in 2025, far outpacing the 9% growth in top-20 CEX spot trading as large players favor discreet block execution.
- BlackRock’s recent $140m transfer of 47,728 ETH and 544 BTC to Coinbase Prime is a visible…
