Express

JPMorgan Strategist:2021 Q1 Bitcoin Retail Flow Exceeding Institutional Investment

Amy Liu

Summary: Bitcoin (BTC) retail investors have increased amid an apparent decline in institutional inflows so far this quarter, according to a report by JPMorgan strategist Nikolaos Panigirtzoglou. The decline in institutional investment may be one reason behind bitcoin’s failure to hold above $60,000. Retail investors have purchased over 187,000 bitcoins so far this quarter, compared to ...

Bitcoin (BTC) retail investors have increased amid an apparent decline in institutional inflows so far this quarter, according to a report by JPMorgan strategist Nikolaos Panigirtzoglou.

The decline in institutional investment may be one reason behind bitcoin’s failure to hold above $60,000. Retail investors have purchased over 187,000 bitcoins so far this quarter, compared to roughly 172,684 by institutional investors, according to JPMorgan estimates. 

By Amy Liu

Last Update:

Tags: ,,,
Link: JPMorgan Strategist:2021 Q1 Bitcoin Retail Flow Exceeding Institutional Investment   [Copy]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 8 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago
  • You need to login to comment.