Institutions Focus on BTC, ETH, While Memecoin Fragmention Hits DOGE, SHIB
The crypto market is splitting in two.
Institutional and retail investors are taking increasingly different paths, with institutional players anchoring themselves in bitcoin
and Ethereum’s ether {{ETH}} while retail investors pour into altcoins and memecoins, according to a mid-year report from crypto trading firm Wintermute.
Analyzing over-the-counter spot trading volumes, institutional trading volumes with the two largest tokens held steady at 67%, likely backed by ETF inflows and structured accumulation vehicles, the report said. Meanwhile, retail investors dropped their BTC and ETH exposure from 46% to 37%, shifting capital toward newer, more speculative tokens.
“This divergence isn’t a temporary thing; It’s the sign that we are…