Institutional And Retail Investors Matched in Bitcoin Rally-2021
In the first quarter of 2021, the inflows of institutional and retail investors balanced in a Bitcoin rally, as it was revealed by JPMorgan analysts. The rally of the last quarter of 2020 was fueled mostly by the institutional bulls but now they matched.
JPMorgan’s team tracked the data of Bitcoin flows and saw that now there are more retail investors entering the market, when the institutional ones seem less active this season. Therefore, the amounts of both are balanced.
To get this information, the experts analyze two different channels that cater for the institutional and retail investors. Also, they analyze the volumes of itBit and Square transactions. However, they notice that the amount of institutional investors in general increased in two latest quarters.