The First Institutional Crypto Bull Market Is Here — and Retail Is Sitting It Out!

Exodus CEO JP Richardson is calling it: this may be the first crypto bull cycle driven by institutions rather than retail FOMO. The data backing that thesis is hard to dismiss — Bitcoin ETFs pulled in $2.1 billion over eight straight days of inflows, BlackRock alone absorbed 75% of total flows, and whale wallets holding more than 1,000 <a class="ticker-mention" href="/en-US/token/btc">BTC</a> added 270,000 BTC in the last 30 days, the largest monthly accumulation since 2013. Meanwhile, Ethereum ETFs notched their longest inflow streak since October, and stablecoin supply has hit $319 billion.

The institutional roster keeps expanding: Morgan Stanley launched a Bitcoin ETF that became the firm&#x27;s best debut in history, Goldman Sachs filed next, Franklin Templeton announced a dedicated crypto division, and Schwab opened a waitlist for direct Bitcoin trading. Strategy has surpassed BlackRock as the largest corporate Bitcoin holder. In 2018 and…