Crypto Trading Now Dominated by Institutional Investors
Published by
The Street
The Street
By Dan Weil Last year, institutions traded $1.14 trillion of cryptocurrencies on Coinbase, more than double retail investors’ total. Retail investors may have been the first ones to get involved with cryptocurrencies, but now it’s institutional investors running the show. Last year, institutions traded $1.14 trillion of cryptocurrencies on Coinbase Global (COIN) , the biggest U.S. digital-currency exchange, more than double the $535 billion total for retail players, The Wall Street Journal reports. The institutional total surged almost 10 times from $120 billion in 2020. “It’s a completely dif…