Institutional Investors

Crypto investors are increasingly judging tokens by usage, revenue, adoption and value capture rather than simple market-cap rank. Executives say the shift is especially visible among wealth managers and institutions assessing projects over longer time horizons.

UBS reported a sharp quarterly increase in call option exposure linked to BlackRock’s iShares Bitcoin Trust, with calls representing 1.95 million underlying shares as of June 30. The Swiss banking group also increased direct IBIT holdings while reducing put option exposure during the quarter.

Bitwise Chief Investment Officer Matt Hougan says bitcoin could draw trillions of dollars from major institutions over the next decade. His long-term case argues that even a 1% allocation from the world’s largest capital pools could help support a $1.3 million bitcoin price by 2035.

Strategy is publicly monitoring Bitcoin’s 200-week moving average and the cryptocurrency’s premium or discount to that level. The focus comes as Bitcoin trades near the historically important long-term trend line, with market participants watching whether support holds.

Bitcoin is consolidating above $64K and its 50 day moving average, with traders watching whether cautious demand can support a longer term base. Institutional accumulation, tokenisation pilots and regulatory changes in Japan are helping sustain interest, even as volatility risks remain.

Bitwise argues that STRC’s sharp drop looks like a late-cycle deleveraging event rather than a warning of imminent liquidation at Strategy. The firm says the next major wave of Bitcoin demand may come from institutional buyers, not Strategy itself.

Investors are increasingly focused on the plumbing behind digital assets rather than any single token’s long-term dominance. Fresh liquidation analysis also suggests June’s forced selling may have peaked before bitcoin printed its final bottom.

Bitcoin weakened toward $62,000 as a broad rout in technology and semiconductor shares dragged risk assets lower for a second straight session. ETF outflows and a looming options expiry added pressure, keeping traders focused on whether $60,000 can hold.

Deutsche Bank said Bitcoin’s slide below $60,000 reflects a tougher macro backdrop, record ETF outflows and growing pressure from leveraged corporate holders. The bank also pointed to a shift of risk capital into AI-related stocks and infrastructure, which it said is weighing on crypto demand.

Fidelity Investments is launching a money market fund designed to hold reserves for stablecoin issuers and institutional clients under the new GENIUS Act. The move intensifies competition with traditional asset managers as the stablecoin market expands.

Bitcoin ETF optimism fades after over $1 billion in three days of outflows. BTC drops toward $90,000 as investors await U.S. jobs data and key legal decisions.