This week only: 23% Off + a 1-on-1 call with our experts. ⏰ : 1d 23h 59m 43s
Retail and institutional Bitcoin flow balance out
Investment bank JPMorgan carried out an analysis of the Bitcoin flow from institutional and retail investors. The bank's findings indicated that retail and institutional Bitcoin flow balanced out in the first quarter of 2021.JPMorgan tracks retail Bitcoin flow via the Square and PayPal platforms while it gets its institutional data from CME Group's bitcoin futures market. According to its report, the retail market recorded a massive acceleration in the current quarter compared to the previous quarter. Meanwhile, institutional flow remained flat over the last two quarters.
The investment bank said the institutional flow of Bitcoin was higher in the fourth quarter of 2020 while retail investment was low. However, "the flow picture has been more equally balanced between retail and institutional investors in the current quarter echoing Q3 2020," JPMorgan added.
According to JPMorgan, the "flow" describes the bitcoin purchases from the mentioned sources, indicating activity from services that cater to the institutional and retail investor bases. The data highlights a measure of activity from the two channels.
The data showed that itBit's daily trading volume (which JPMorgan uses as a proxy for PayPal) was up by nearly 100% from the fourth quarter of 2020. The same thing applies to Square, which saw its transaction volume double from Q4 2020 to Q1 2021.
Massive flow pushes Bitcoin's market cap past $1 trillion
Bitcoin's market cap has rallied alongside its price over the past few months. The market cap surpassed the $1 trillion mark earlier this year, as Bitcoin's price rallied past the $50,000 mark to reach $61,000 last weekend.The total cryptocurrency market's cap is now approaching $2 trillion as Bitcoin, and several other cryptocurrencies attain new all-time highs.
Continue reading by joining Cryptonary Pro
$1,548 $1,197/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund. Terms
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
TermsRecommended from Cryptonary
