Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

bitcoin
Bitcoin (BITCOIN)
$118,092 0.50%
ethereum
Ethereum (ETHEREUM)
$4,201 -0.48%
binancecoin
BNB (BINANCECOIN)
$798.76 -2.13%
solana
Solana (SOLANA)
$179.58 -1.52%
ripple
XRP (RIPPLE)
$3.19 -4.14%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 -2.60%
pepe
Pepe (PEPE)
$0.000012 -2.77%
bonk
Bonk (BONK)
$0.000026 -2.95%
bitcoin
Bitcoin (BITCOIN)
$118,092 0.50%
ethereum
Ethereum (ETHEREUM)
$4,201 -0.48%
binancecoin
BNB (BINANCECOIN)
$798.76 -2.13%
solana
Solana (SOLANA)
$179.58 -1.52%
ripple
XRP (RIPPLE)
$3.19 -4.14%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 -2.60%
pepe
Pepe (PEPE)
$0.000012 -2.77%
bonk
Bonk (BONK)
$0.000026 -2.95%
bitcoin
Bitcoin (BITCOIN)
$118,092 0.50%
ethereum
Ethereum (ETHEREUM)
$4,201 -0.48%
binancecoin
BNB (BINANCECOIN)
$798.76 -2.13%
solana
Solana (SOLANA)
$179.58 -1.52%
ripple
XRP (RIPPLE)
$3.19 -4.14%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 -2.60%
pepe
Pepe (PEPE)
$0.000012 -2.77%
bonk
Bonk (BONK)
$0.000026 -2.95%
bitcoin
Bitcoin (BITCOIN)
$118,092 0.50%
ethereum
Ethereum (ETHEREUM)
$4,201 -0.48%
binancecoin
BNB (BINANCECOIN)
$798.76 -2.13%
solana
Solana (SOLANA)
$179.58 -1.52%
ripple
XRP (RIPPLE)
$3.19 -4.14%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 -2.60%
pepe
Pepe (PEPE)
$0.000012 -2.77%
bonk
Bonk (BONK)
$0.000026 -2.95%
bitcoin
Bitcoin (BITCOIN)
$118,092 0.50%
ethereum
Ethereum (ETHEREUM)
$4,201 -0.48%
binancecoin
BNB (BINANCECOIN)
$798.76 -2.13%
solana
Solana (SOLANA)
$179.58 -1.52%
ripple
XRP (RIPPLE)
$3.19 -4.14%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 -2.60%
pepe
Pepe (PEPE)
$0.000012 -2.77%
bonk
Bonk (BONK)
$0.000026 -2.95%
bitcoin
Bitcoin (BITCOIN)
$118,092 0.50%
ethereum
Ethereum (ETHEREUM)
$4,201 -0.48%
binancecoin
BNB (BINANCECOIN)
$798.76 -2.13%
solana
Solana (SOLANA)
$179.58 -1.52%
ripple
XRP (RIPPLE)
$3.19 -4.14%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 -2.60%
pepe
Pepe (PEPE)
$0.000012 -2.77%
bonk
Bonk (BONK)
$0.000026 -2.95%
bitcoin
Bitcoin (BITCOIN)
$118,092 0.50%
ethereum
Ethereum (ETHEREUM)
$4,201 -0.48%
binancecoin
BNB (BINANCECOIN)
$798.76 -2.13%
solana
Solana (SOLANA)
$179.58 -1.52%
ripple
XRP (RIPPLE)
$3.19 -4.14%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 -2.60%
pepe
Pepe (PEPE)
$0.000012 -2.77%
bonk
Bonk (BONK)
$0.000026 -2.95%
bitcoin
Bitcoin (BITCOIN)
$118,092 0.50%
ethereum
Ethereum (ETHEREUM)
$4,201 -0.48%
binancecoin
BNB (BINANCECOIN)
$798.76 -2.13%
solana
Solana (SOLANA)
$179.58 -1.52%
ripple
XRP (RIPPLE)
$3.19 -4.14%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 -2.60%
pepe
Pepe (PEPE)
$0.000012 -2.77%
bonk
Bonk (BONK)
$0.000026 -2.95%
bitcoin
Bitcoin (BITCOIN)
$118,092 0.50%
ethereum
Ethereum (ETHEREUM)
$4,201 -0.48%
binancecoin
BNB (BINANCECOIN)
$798.76 -2.13%
solana
Solana (SOLANA)
$179.58 -1.52%
ripple
XRP (RIPPLE)
$3.19 -4.14%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 -2.60%
pepe
Pepe (PEPE)
$0.000012 -2.77%
bonk
Bonk (BONK)
$0.000026 -2.95%
bitcoin
Bitcoin (BITCOIN)
$118,092 0.50%
ethereum
Ethereum (ETHEREUM)
$4,201 -0.48%
binancecoin
BNB (BINANCECOIN)
$798.76 -2.13%
solana
Solana (SOLANA)
$179.58 -1.52%
ripple
XRP (RIPPLE)
$3.19 -4.14%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000013 -2.60%
pepe
Pepe (PEPE)
$0.000012 -2.77%
bonk
Bonk (BONK)
$0.000026 -2.95%
Disclosure
Cryptocurrency trading is speculative and your capital is at risk when you trade. We may earn affiliate commissions from some of the products on this page - at no extra cost to you.
Surging Institutional Appetite Pushes Crypto Into Mainstream Macro Dynamics

Highlights:

  • Institutional appetite for digital assets continues to grow this year following the launch of spot Bitcoin ETFs. 
  • This has increased the correlation with macroeconomic conditions globally.
  • Anticipated favorable regulation in the United States also ignited mass adoption. 

Institutional demand for crypto assets has skyrocketed in the last 12 months with firms seeing exposure to the market. QCP Capital has pointed to recent events taking the industry along macro lines. The start of this sharp bullish trend ignited last year following BlackRock’s ETF application alongside other firms. This marked a new phase in the ecosystem giving the related crypto assets a layer of legitimacy.

Advertisement

Banner

Bitcoin ETFs Highlights Dynamic Shift

The approval of ETFs by the United States Securities and Exchange Commission (SEC) turned the fortunes of institutional investors. A new investment window was created for traditional firms to increase exposure to these assets. This led to a rapid spike in Bitcoin’s price and adoption this year. 

BTC smashed its previous high going to a new all-time high above $73K in Q1 2024. After a slight correction, the crypto market leader soared past $93K after the United States election. This boom was heightened as crypto enthusiasts expected positive crypto regulations after a Republican win. As price moved upwards, adoption followed a similar trajectory with new users entering the crypto space. 

A dominant factor was the involvement of mainstream financial and banking firms. As a result, the impact of macro policies on crypto assets has spiked and vice versa affecting stocks. Crypto has become a global sensation with key financial bodies taking the sector into account in determining macro policies.

QCP’s analysts argue that Trump’s pro-crypto stance alongside his cabinet picks will further boost the crypto adoption and grow its relationship with macro factors. The United States swinging pro-crypto will influence multiple jurisdictions to turn the industry’s way. 

Crypto Products Dominate Markets

Aside from Bitcoin ETFs that dominated the narrative in Q1 2024, the diversity of products has taken assets mainstream. Options market for BlackRock’s spit ETF (IBIT) recorded 73K contracts in the opening hour. The product now ranks among the top 20 non-index options.

QCP analysts wrote:

This market response is likely to attract new investor cohorts and enable diversified trading strategies, which could help reduce both volatility and downside risk, solidifying Bitcoin’s place in mainstream markets. Other BTC spot ETFs such as the Grayscale BTC Trust (GBTC) and Fidelity Wise Origin Bitcoin Fund (FBTC) are expected to have options listed soon.”

Advertisement

Banner

Advertisement

Banner

Advertisement

Banner