A new report from market maker Wintermute has found that institutions now dominate crypto trading, with a record 72% of trading activity coming from institutional investors.
This shift towards institutional trading is driving lower volatility in the crypto market, as well as selective flows into certain altcoins and growth in tokenized assets, the report notes.
The report's findings suggest that the increased presence of institutional investors is having a calming effect on the crypto market, which has historically been known for its wild swings.
This is based on reporting from CoinDesk, which highlights the growing influence of institutional investors in the crypto space.