Binance Research: The encryption market is still dominated by retail investors

In a recent comprehensive report, Binance Research explained that a large number of retail investors that currently dominate the market may be a factor that is highly correlated with various digital assets, and the organization may only account for 7% of the entire market. According to data collected by cryptofundresearch.com, there are now about 700 crypto funds operating with total assets of less than $10 billion. It is conservative to assume that they all hold bitcoin, which accounts for only 14% of the total market value of bitcoins. If Altcoins is included in the hypothesis The “institutional ratio” of the encryption market may be less than 7% overall.