Part 1 of 3: Sophisticated investors to drive crypto’s revival – Caroline Bowler
What sets apart the crypto bull run of 2021 from the early stages of this current revival? The key difference lies in the type of investors driving this resurgence.
Historically, retail investors have spearheaded crypto’s market movements, reflecting the grassroots appeal of this asset class. However, our latest analysis reveals a notable shift: sophisticated investors are now leading the charge.
According to the latest BTC Markets Investor Study Report 2024 (Report) launched last week, non-retail investors’ initial deposits grew by an impressive 189%, while retail investors experienced a decline of 15%. Additionally, Self-Managed Super Funds (SMSFs) and trusts also saw increases, with deposit growth rates of 50% and 12%,…
