Crypto’s Retail Era Is Over, Institutions Now Drive the Market, Experts Say

Institutional capital is increasingly shaping the crypto market, according to executives from Bitwise and Aspen Digital at Token2049 in Singapore.
They argue that the dynamics have shifted, with long-term allocators, wealth managers, and ETFs now defining market momentum more than retail traders. Bitwise’s CTO noted that the first year of Bitcoin ETFs brought in roughly $30 billion in inflows, and another $20 billion has already entered this year—averaging $5–10 billion per quarter.
Aspen Digital’s CEO added that many clients now see crypto as part of a balanced portfolio rather than just a speculative investment. As infrastructure for institutional participation—such as custody and compliance—has matured, barriers for large players have decreased. With institutional flows becoming steadier, experts believe crypto’s volatility will ease, making its market behavior more similar to traditional assets.
Clever Robot News Desk 9th October 2025



