Institutional investors are betting on Bitcoin, even when the price is static or declining.
Maybe you expected the institutions to be more scared by the usual, classic volatility of Bitcoin. And instead according to the data that André Dragosch shared with The Blockit was the institutional investors who gave a lesson in diamond hand to those who work in the crypto world and Bitcoin.
The bulk of investors of this calibre, as is clearly evident from the data which they have to send to SEC tramite form 13Fhave increased the Equipment compared to the first quarter of 2024, which was the launch quarter of the ETF are Bitcoin.
Something that we had also anticipated – when certain funds move, they often and willingly do so for the medium and long term – and which also finds the most important corroboration, which is that of the numbers.
Bitwise Speaks: The Big Ones Are Not Paper Hands
That of paper hand and diamond hand is one of the meme older than the financial world and also crypto. And this time, however, to embody the role of diamond handsor rather of those investors that are able to resist even when Bitcoin it moves in an… incomprehensible way, it is precisely the institutional investors.
Those investors who have recently arrived in the world BTCmainly through the ETF that were launched in January, and that during the second quarter of the year, for the most part, increased their exposure. 44% increased their position, 22% kept it stable, 21% reduced it, 13% instead closed it completely.
The graph you find above is obtained from the numbers that André Dragosch shared with The Block. And although the numbers are few, they are more than enough to understand what kind of attitude they had, even in the face of a period of difficulty in the price of BTCwhich also led to a sharp slowdown in activities on the main exchange crypto.
What we still have to learn from the adult world
This is perhaps one of the umpteenth lessons that the sector of the most solid investors imparts to the world of crypt. There is little to worry about in the face of price movements that could be violent, but still fully in what is the normality Of Bitcoin.
Instead, it is necessary to have strategies that are perhaps not long-term, but at least medium-term, in the face of an asset that has historically always performed well in relatively short time horizons. fortuna of those who invest.
Lesson learned? Reading the desperation for a mini correction worth less than 1% in the afternoon, in our opinion no. But there will be time to mature also as investors.