Binance Report Claims That Less Than 7% of Crypto is Owned by Institutitions

[Erickan]

This is unbelievable, I think the percentage of holding bitcoins of organizations must be greater than the number that Binance published a lot. Because while bitcoin may not be a stable asset, but organizations understand its potential, it is a good asset to invest in the future. So there is no reason they do not hold it, especially when the price of bitcoin is very cheap.

[Alpinat]

Binance Research Report Claims That Less Than 7% of Crypto is Owned by Institutions


https://www.newsbtc.com/2019/04/13/binance-research-report-claims-that-less-than-7-of-crypto-is-owned-by-institutions/amp/

What do you think ? Is this true?

Yeah for me this is true. Binance research team is not just research team they are intended to keep only the facts and they search deeper about the subject. In this case they said that institution owned 7% of crypto. 7% is very large for me. And they will not invest on it if they can't see the potential of crypto in businesses.

[Teawhalee]

Of course I so much believe this report. Institutional investors are usually long term investor. So probably those 7% bought when bitcoin price was very low. So other investors are also waiting for them to buy at a certain rate.

[Jating]

That is a pretty small number percentage wise, but the actual figures could be way bigger.

Honestly, I am surprised that the institutional investors are investing that much money into cryptocurrencies without the ETF proposals getting approved.

Imagine the price of a Bitcoin if the ETF proposals were approved in this scenario.

There 'could' be a lot of money coming from institutions if a Bitcoin ETF proposal would be approved. So we have to wait and see, the thing though with this scenario is that it's not on our control.

Maybe those 7% have been in the crypto sphere prior to the peak and didn't go out when the price burst in 2017. And then there's no money coming in from them because of the worsening market conditions. But then again, this ball park number will also fluctuates based on the market, if we see improvements or at least a bull run in the future, I'm expecting it to increased by many folds.

[kamBlanV]

yes, institutions are an important part of the crypto world, especially for Binance. This tells us that the BNB target market is still far away, and requires a very long time. but, even though it is still far from the target, the BNB can already master the crypto market capitalization.

[timerland]

How is it possible that this data is accurate?

Also, there is no mention of whether or not certain bitcoin derivatives are included in this figure, such as bitcoin futures or whatnot, because that's what institutions usually like to deal with as opposed to actual tangible bitcoins. Also, what classifies as institutions? Do certain non-incorporated, but yet high end investors count as institutions?

There is no means of verifying whether this data is legit, at the end of the day. But I certainly wouldn't be surprised if this figure continues to climb in the future because of the fact that a lot of financial firms have started to come into the market during this bear market, though that is not necessarily a good thing in itself.

[ecnalubma]

I was not surprised if that is true, it make sense because the volatility shows that the few controls this space. But I strongly believe that when more institutional investors will get in meteoric rise of price is inevitable anytime soon.

[omone1]

If it's true that less than 7% is actually owned by institutions, then it's a healthy market. There is no fear of big players trying to threaten the general market of dumping big bags or holdings. But am not too sure of the accuracy of this research neither do I equally dispute it. For now, it will be safer for large percentage to be held by active community members than institutions. Since there is yet not a clear cut regulating guidelines on Crypto investment in many nations of the world.

[Dingdongjl]

That is pretty huge amount of bitcoin for sure, imagine how much for example all the bitcoin and 7% of that is owned by them how much more if all of the cryptocurrency.

[franky1]

less that 1.26m coins held by exchanges, institutions...

i think not
just looking at the "rich list"

1,000 - 10,000      1871    25.83% (41.84%)
10,000 - 100,000   100      12.77% (16.01%)
100,000 - 1,000,000   5      3.24% (3.24%)

42% of coins are held in single addresses of atleast 1000btc
id say that 42% is not 'individuals'

by the way, predicting the possible rebuttle
if coins are held in a privkey solely under control of an exchange. then the exchange OWNS the coins

[LeGaulois]

Less than 7% is still a lot in my opinion but anyway Institutions don't hold any coins they use funds investments like Greyscale and others, they don't really own the coins. The fact that institutions invest in cryptocurrency isn't so surprising, what is surprising is the percentage of their participation in the market.