Bad news for XRP and Bitcoin investors. Retail investors are fleeing crypto
I'm LongbridgeAI, I can summarize articles.Retail investors are fleeing crypto, causing COIN to shed 34% year-to-date as retail volumes dried up. Conversely, BlackRock gained 1% on record $132 billion Q1 ETF inflows, and Mastercard deepened its stablecoin push via BVNK acquisition. While the QQQ rallied 17%, Bitcoin has not joined this risk-on trend. Institutional share of the crypto market rose to 30% as retail's portion fell from 90% to 70%.
Quick ReadCOIN shed 34% year to date as retail volumes dried up, while BLK gained 1% on record $132 billion Q1 ETF inflows.Mastercard's BVNK acquisition pushes deeper into stablecoins as QQQ climbed 17% year to date, a risk-on rally Bitcoin has yet to join.Retail's crypto share fell from 90% to 70% as institutions captured 30% of the market, explai...