ChainCatcher news, Matrixport's latest weekly report shows that the progress of the fifth Bitcoin bull market closely aligns with its prediction made in July 2023. The report forecasts that Bitcoin will reach $125,000 by December 2024, and as Bitcoin approaches the $100,000 mark, this prediction becomes increasingly credible. The report suggests that institutional investors allocate both Bitcoin and gold, based on the Black-Litterman asset allocation model, which is expected to achieve a return rate of 15.6% with a Sharpe ratio of 1.6.The research indicates that although Bitcoin has outperformed gold in recent years, both assets hold investment value due to their low correlation and macroeconomic outlook. The report specifically notes that a sell-off in gold after the U.S. elections could present a good buying opportunity, and it is expected that central banks worldwide will continue to diversify their reserve assets in the coming years, further enhancing gold's importance in institutional portfolios.

ChainCatcher news, according to PR Newswire, a Sygnum Future Finance survey shows that 57% of institutional investors in Singapore plan to increase their long-term cryptocurrency allocation, while the average level for the survey is 47%.It is reported that the survey participants include Sygnum's institutional client base and investors, as well as various investment professionals from banks, hedge funds, multi-family and single-family offices, DLT foundations, funds, and asset management companies, with the main reason for increasing cryptocurrency investment being optimism about the industry's development trend.

ChainCatcher news, a survey by the global digital asset bank group Sygnum shows that institutions are ready to invest more in digital assets, with up to 57% of institutions planning to increase their cryptocurrency investments, thanks to the growing willingness of institutions to take risks and their long-term confidence in this asset class.This annual survey collected insights from over 400 institutions and professional investors, whose average investment experience exceeds 10 years, spanning 27 countries.

ChainCatcher news, according to a report by Cryptoslate, based on Blockworks Research, nearly 70% of institutional investors holding Ethereum are participating in staking, with 52.6% holding liquid staking tokens (LST). Nearly half of the institutional investors staking ETH prefer to use only one integrated platform, such as Coinbase and Binance. At the same time, 60.6% of survey participants also use third-party staking platforms.The report states that one-fifth of the institutional investors surveyed allocate more than 60% of their portfolios to Ethereum or ETH-based LSTs. The survey participants include exchanges, custodians, investment firms, asset management companies, wallet providers, and banks. The report shows that the key features considered by respondents when choosing a staking provider are reputation, range of supported networks, pricing, ease of participation, competitive costs, as well as expertise and scalability.When deciding whether staking is feasible, liquidity and security are also the most important features for institutional investors. On a scale of 1 to 10, the average importance score for liquidity is 8.5, reflecting investors' concerns about the ability to exit large LST positions when necessary. Meanwhile, the security score is even higher, with an average importance rating of 9.4, due to concerns that withdrawal efficiency may be affected during market volatility. Additionally, 61.1% of respondents indicated that they are willing to pay extra for enhanced security and fault tolerance. Geographic location also plays a role, with half of the institutional investors considering the location of validators important when choosing a staking platform.

ChainCatcher news, according to CNBC, the latest research report jointly released by New World Wealth and Henley & Partners shows that as of August 2024, the number of cryptocurrency millionaires worldwide has increased by 95% year-on-year, reaching 172,300. Among them, the number of individuals holding Bitcoin assets exceeding $1 million has grown by 103%, to 85,400. The report also notes that the number of individuals with cryptocurrency assets exceeding $100 million has risen to 325, and the number of billionaires has increased to 28, an increase of 6 from the same period last year.This significant growth is mainly attributed to the successful launch and rapid development of Bitcoin ETFs. Since approval in January 2024, Bitcoin ETF assets have surpassed $50 billion, significantly boosting institutional investor participation. As of the report's release date, the price of Bitcoin has risen 45% this year, to approximately $64,000, driving the total market capitalization of cryptocurrency assets to $2.3 trillion.Andrew Amoils, research director at New World Wealth, stated that among the 6 new cryptocurrency billionaires, 5 primarily accumulated their wealth through Bitcoin, highlighting Bitcoin's dominant position in attracting long-term large-hold investors. Forbes data shows that Binance founder Changpeng Zhao has retained the title of the richest person in cryptocurrency for the third consecutive year with a valuation of $33 billion, followed by Coinbase co-founder Brian Armstrong, with a valuation of approximately $11 billion. Despite Zhao pleading guilty to U.S. money laundering charges last November and agreeing to pay a $50 million fine, his net worth has still increased by over $10.5 billion in the past year.

ChainCatcher news, Bitwise Chief Information Officer Matt Hougan stated that institutional investors are adopting Bitcoin spot ETFs faster than any ETF in history. Since its launch in January, the Bitcoin spot ETF has attracted a net inflow of $17.5 billion. The Bitcoin spot ETF is currently leading in institutional adoption, whether measured by the number of institutions or assets under management.

ChainCatcher news, Bitwise pointed out in a report that the total number of institutional investors holding Bitcoin ETFs increased by 14% in the second quarter. Despite the fact that Bitcoin's price fell by 12% in the second quarter, this did not stop institutional investors from significantly increasing their allocation to BTC ETFs. Data shows that the adoption rate of Bitcoin ETFs by institutions is the fastest of any ETF in history.The report states that most ETFs tend to strengthen over time, with inflows for Bitcoin ETFs expected to be greater in 2025 than in 2024, and greater in 2026 than in 2025. "These institutions are pouring in, and the scale is getting larger."

ChainCatcher news, Bitwise Chief Information Officer Matt Hougan stated on social media that after reviewing the 13-F filings submitted by various institutions in recent days, he made some preliminary summaries based on the second quarter Bitcoin ETF holdings, including:Institutions are still increasing their holdings, and the trend continues: In Q2, 10 Bitcoin spot ETFs had a total of 1,924 institutional holders, up from 1,479 in Q1, representing an increase of about 30%. Considering that Bitcoin experienced a decline in Q2, this result is already quite impressive.Most institutional investors are diamond hands: The majority of institutional investors who allocated in Q1 held or purchased more positions in Q2. Among the filers in Q1, 44% of institutions increased their holdings in Bitcoin ETFs in Q2, 22% remained unchanged, 21% reduced their positions, and 13% exited completely.Hedge funds remain major holders: Most of the top holders of ETFs are mainstream hedge funds, including Millennium, Schonfeld, Boothbay, Capula, and others. However, there are also a significant number of advisors, family offices, and select institutional investors. Over time, we hope to see an increasing share from wealth management firms and pension funds.

ChainCatcher news, K33 Research senior analyst Vetle Lunde stated today on X that institutional holdings of BTC ETFs steadily increased in the second quarter. According to the 13F filings, as of June 30, a total of 1,199 professional firms held investments in U.S. spot ETFs, an increase of 262 firms from the previous quarter. While retail investors still hold the majority of circulating shares, the share of institutional investors in total AUM has increased by 2.41 percentage points, currently accounting for 21.15% in the second quarter. Institutional capital in GBTC has significantly decreased, while the dominance of professional investors in IBIT and FBTC has notably grown.

ChainCatcher news, Bitwise's data shows that approximately 66% of institutional investors held or increased their Bitcoin positions through U.S. spot exchange-traded funds in the second quarter.According to the 13F filings submitted to the U.S. Securities and Exchange Commission, 44% of asset managers increased their Bitcoin ETF positions in the second quarter, while 22% of asset managers remained stable. Only 21% reduced their positions, and 13% exited.Bitwise Chief Investment Officer Matt Hougan stated, "This is a pretty good result, comparable to other ETFs."

According to ChainCatcher, The Block reported that on Monday, the cryptocurrency market experienced its most severe pullback since the FTX crisis, with Bitcoin's price dropping over 15% at one point before rebounding. JPMorgan analysts stated that this rebound was mainly due to institutional investors, who, despite the overall market turbulence, had limited or no de-risking in Bitcoin futures. In a report on Wednesday, JPMorgan's analysts noted that their futures positioning indicator suggests a positive outlook for these investors. They indicated that Bitcoin futures prices are at a higher premium compared to spot prices, indicating strong confidence among futures investors.Analysts believe there are many reasons for institutional investors to remain optimistic. Last week, Morgan Stanley allowed its wealth advisors to recommend spot Bitcoin exchange-traded funds to certain clients. Additionally, analysts stated that the large-scale liquidations from the bankruptcies of Mt.Gox and Genesis may have already passed, and cash payments from the FTX bankruptcy later this year could stimulate demand in the cryptocurrency market. Furthermore, they added that both major political parties in the U.S. have expressed support for favorable cryptocurrency regulations. However, analysts pointed out that these positive catalysts have largely been priced into the market.Analysts also noted that the recent significant drop in Bitcoin was not caused by cryptocurrency-specific issues but rather by a pullback in traditional risk assets like stocks. While institutional investors helped support Bitcoin's rebound, retail investors also contributed to Bitcoin's decline. Additionally, momentum traders, such as commodity trading advisors, played a role by exiting long positions and establishing short positions. Overall, despite recent adjustments, JPMorgan analysts remain cautious about the cryptocurrency market. Given that the aforementioned positive catalysts have largely been priced in, and the risk reduction in the CME Bitcoin futures space is limited, coupled with the continued weakness in the stock market, analysts recommend maintaining a cautious outlook.

ChainCatcher news, according to Coingecko data, the cryptocurrency market has evaporated over $230 billion this week, with the prices of mainstream cryptocurrencies like BTC and ETH falling to their lowest levels in nearly three months. Institutional digital asset broker FalconX tweeted that institutions are buying the dip during this crash, noting in an observation on August 7 that almost all investors were net buyers, including proprietary trading desks (57% of total buying flow), hedge funds (63%), venture funds (61%), and retail aggregators (72%). "The buy/sell ratio, which was below 50% last week, has now exceeded 50%."FalconX stated that BTC remains the largest cryptocurrency asset, with a trading volume 2.8 times that of ETH, and the trading volume of BTC and ETH is more than twice that of altcoins.FalconX is also one of the active participants in bottom-fishing during this crash. On July 30, Lookonchain monitored that FalconX deposited 1,000 BTC to Binance.

ChainCatcher message, according to a recent report by Finery Markets, the institutional cryptocurrency market experienced significant growth in the first half of 2024, with total spot trading volume soaring 95% year-on-year.The report highlights that the first half of 2024 is a critical period for institutional adoption of cryptocurrencies. Bitcoin ETFs have been launched in Australia, the United States, and Hong Kong. VanEck's application for a Solana ETF underscores the growing trend of diversification in cryptocurrency investment tools.Additionally, despite lower institutional participation, some altcoins (such as TRX and BNB) showed substantial growth, with spot trading volumes increasing by 202% and 129% year-on-year, respectively. In contrast, Ripple (XRP) saw a year-on-year decline of 18%.

ChainCatcher news, according to Cointelegraph, the on-chain analysis platform CryptoQuant published a blog post stating that institutional investors increased their holdings by 100,000 bitcoins within a week, worth approximately $5.7 billion.CryptoQuant analyst Cauê Oliveira pointed out that since early June, entities holding between 1,000 and 10,000 bitcoins have accelerated their accumulation, continuing to buy even when the bitcoin price hit its lowest level since February. Unlike the ETF inflows in March, this accumulation resembles a "bottom-fishing" behavior by major players.

ChainCatcher news, Matrixport reported that multiple Bitcoin ETF issuers show that institutional investors, including asset management companies, investment advisors, pension funds, and sovereign wealth funds, are purchasing Bitcoin spot ETFs. However, since mid-March, the inflow of funds has been nearly zero, and in the past ten days, there has been an outflow of $1.2 billion, indicating that the pace of institutional investor entry may be slower than expected.

ChainCatcher news, Nomura Securities (NMR) and its digital asset subsidiary Laser Digital found in a survey of institutional investors that more than half of Japanese investment managers plan to invest in digital assets in the next three years.The survey showed that 54% of respondents intend to invest in cryptocurrencies in the next three years, and 25% of companies expressed a positive impression of digital assets. The study stated that 62% of respondents believe that cryptocurrencies represent a diversification opportunity alongside cash, stocks, bonds, and commodities, with many investors viewing digital assets as an investment asset class.Investors indicated that the preferred allocation for digital assets accounts for 2%-5% of assets under management (AUM), with nearly 80% stating they would invest within a year.