TechFlow News, April 13: According to a Cointelegraph report, JP Richardson, CEO of Exodus, stated that financial institutions have accelerated their participation in the cryptocurrency market this year—including stablecoin market capitalization reaching an all-time high, Morgan Stanley launching a Bitcoin ETF, Schwab opening a waitlist for spot Bitcoin trading, Franklin Templeton establishing a cryptocurrency division, and Fannie Mae accepting Bitcoin as collateral for loans. Unlike previous cycles, institutional investors have stood out during this bull run, while retail investor participation has dropped significantly. Data from CryptoQuant analyst Darkfost shows that fund inflows into small accounts holding less than 1 BTC on Binance have hit a record low, with retail activity falling to its lowest level in nine years. Some retail investors have shifted their focus to equity and commodity markets. Analysts attribute the absence of retail investors primarily to the cost-of-living crisis and inflationary pressures.
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