According to BlockBeats, Wintermute has released a report highlighting significant differences in investment strategies between retail and institutional investors during the bull market of the first half of 2025. The report notes a marked divergence in trading interests, contrasting with previous years when both groups largely synchronized their strategies.
Institutional investors are reportedly doubling down on major cryptocurrencies like Bitcoin and Ethereum, seeking stable investment exposure. In contrast, retail investors are gravitating towards meme coins and other altcoins, pursuing newer and riskier opportunities.
The gap in mainstream cryptocurrency investment allocation between institutions and retail investors has reached a record 30 percentage points. Institutional allocation to mainstream cryptocurrencies remains at 67%, primarily through ETF inflows and other new accumulation tools. Meanwhile, retail investment allocation in mainstream cryptocurrencies has decreased by 9% to 37%.
Evgeny Gaevoy, CEO and founder of Wintermute, commented in the report, "This divergence is not temporary; it indicates we are experiencing a more mature, complex, and specialized crypto market. Investors are no longer chasing the same trends. Institutions view cryptocurrencies as macro assets, while retail traders continue to be drawn to innovation."
