What to know:
- Turns out, institutional investors are cozying up with the cool kids—Bitcoin and Ether—while retail folks are taking selfies with memecoins and altcoins, according to Wintermute’s latest “Who’s Who in Crypto” report.
- OTC trading volumes are going through the roof, with traditional finance institutions flexing a 37% growth year-over-year. Talk about a glow-up!
- This schism is here to stay, with institutions treating crypto like a fancy macro asset, while retail traders are chasing the latest crypto trend like it’s the new avocado toast.
So, the crypto market is officially having a midlife crisis—splitting into two distinct camps.
Institutional investors are like “I’m all about Bitcoin and Ethereum” while retail investors are chasing after the sparkly new alts, as revealed in Wintermute’s scoop. Because why not fuel the chaos?

Delving into over-the-counter spot trading volumes, institutional trading is peeking at a cool 67% with Mr. Bitcoin and Ms. Ether. So fancy, right? Thanks to ETF inflows and structured accumulation—because who doesn’t want their crypto assets organized by file folders? 🎉
Meanwhile, retail investors? They dropped their BTC and ETH exposure from 46% to 37%. Why settle for stable when you can dive headfirst into the shallow end of speculative tokens!
Evgeny Gaevoy, the CEO of Wintermute, casually dropped this gem: “This divergence isn’t a temporary thing; It’s a sign that we are experiencing a more mature, sophisticated, and specialized crypto market.” Wow, so grown-up! 🎓
“People aren’t chasing the same trend anymore,” he added, like someone who just discovered they can add basil to their chocolate cake. “Institutions are treating crypto seriously, while retail traders keep chasing shiny innovations.” ✨
On the flip side, traditional finance is the fastest rabbit in the OTC trading volume race, growing a solid 32% year-over-year. All thanks to benign regulatory developments like the U.S. GENIUS Act and the EU’s European MiCA rollout. You know, just some light reading for the large firms.
Retail brokers had their moment too—volume rose by 21%. But don’t worry, crypto-native firms tossed in the towel, down 5%. You can’t win them all, right?
OTC options volume has skyrocketed a whopping 412% compared to the first half of 2024. Institutions are diving into derivatives like it’s a pool party—hedging and yield generation all day long. Meanwhile, CFDs doubled in variety; it’s like they finally found out about all the new recipes on Pinterest.
Wintermute is seeing its own OTC desk being super popular, with spot trading volumes outpacing centralized exchanges like a race between a tortoise and the speedy hares of traditional finance.
And the memecoin scene? It’s a hot mess now. While overall trading in memecoins has dipped, individual users are doubling their efforts, trying to find that diamond in the rough—because who doesn’t want to own 1% of a cat meme token?
Goodbye Dogecoin and Shiba Inu! Hello, niche tokens like Bonk, Dogwifhat {{WIF}}, and Popcat. Truly, what a time to be alive! 🐶💩
Looking ahead, Wintermute analysts say keep your peepers on those dogecoin ETF filings. A final regulatory decision is expected by October, and the outcome could shake up the retail market like an unexpected caffeine hit.
Will it be a game-changer or just another Tuesday? Stay tuned! 📺
Read More
- Silver Rate Forecast
- Gold Rate Forecast
- USD IDR PREDICTION
- EUR PLN PREDICTION
- EUR AUD PREDICTION
- EUR VND PREDICTION
- LEO PREDICTION. LEO cryptocurrency
- FIL PREDICTION. FIL cryptocurrency
- AVAX PREDICTION. AVAX cryptocurrency
- WLD PREDICTION. WLD cryptocurrency
2025-07-14 22:02