Analysis: Institutional inflows are the key driver of Bitcoin's rise, retail investors are not important
BlockBeats News, on January 14, Charles Edwards, founder of the bitcoin and digital asset quantitative fund Capriole, stated in an article, "Retail investors are not important in the recovery process of the crypto market. For example, the market size of gold is more than 10 times that of bitcoin. What we really need is the inflow of institutional funds, as it is these funds that drive the price of bitcoin higher."
If we truly want bitcoin to achieve real growth, we must eliminate those obvious and significant risks to maximize the willingness of institutions to allocate. For bitcoin, the only and most critical headwind risk at present is quantum computing."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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