Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » JP Morgan – Retail Traders Are Raking Up More Bitcoins than Funds

JP Morgan – Retail Traders Are Raking Up More Bitcoins than Funds

Kelly Cromley by Kelly Cromley
Mar 17, 2021
in Bitcoin News, Market News, News
Reading Time: 1 min read
0

As per a study made by analysts at top US investment banking behemoth JP Morgan Chase, small scale (retail) investors are queuing up to purchase Bitcoin from top firms offering crypto related services.

Data provided by JP Morgan, retail investors have bought over 187,000 Bitcoins this quarter utilizing Square and PayPal.

Retail investors put together, according to the report, are even surpassing institutional purchases. JPMorgan has estimated that institutions have bought 173,000 Bitcoins during the same time frame.

JP Morgan has assessed fund flows from several retail platforms and institutional level exchanges like the Chicago Mercantile Exchange, in addition to statements from big funds disclosing their Bitcoin purchases to arrive at the above figures.

Ed Moya, Senior market analyst at Oanda Corp, credited the retail interest to social media platforms, stimulus payouts and the current NFT craze. He said Bloomberg:

“Now, with the Reddit-fueled meme stock craze cooling and novelties such as digital artwork setting records, retail traders — some now armed with $1,400 stimulus checks — are taking control.”

While “meme-stock” trading has caused huge losses to retail traders, Bitcoin has withstood the test of time and stayed extremely bullish. Brian Vendig, president of MJP Wealth Advisors, opined that retail demand has been led by fear of missing out (FOMO) following the latest swing of institutional investment in Bitcoin.

Data published by crypto market focused Glassnode seems to affirm that retail investors are entering the fray in considerable manner. On March 15, Glassnode has pointed out a surge in networth of entities, stating:

“This is a strong indication that new retail investors have been entering the space.”

Previous Post

TRON Makes a Mark on MegaCryptoPolis Metaverse

Next Post

CaseBitcoin Forecasts Bitcoin Price Doubling Time Based on Past Record

Related Posts

dac partners with deepbook ai

DAC Platform and DeepBook AI Redefine Web3 Browsing

by Kelly Cromley
Jul 18, 2025
0

DAC Platform has revealed its latest collaboration with DeepBook AI, signaling a strategic move aimed at enhancing user interaction within...

spheron partners with wire network

Spheron and Wire Blockchain Unite to Power Decentralized AI Internet

by Kelly Cromley
Jul 18, 2025
0

Spheron Network has announced a strategic collaboration with Wire Blockchain, aiming to deliver a more resilient and scalable internet infrastructure...

magne ai

MAGNE.AI Unveils Web3 AI Smartphone with Global Launch in KL

by Kelly Cromley
Jul 18, 2025
0

MAGNE.AI is preparing to make a prominent entry into the global mobile technology market with the public debut of its...

adi foundation

ADI Chain Testnet Launch Signals a New Era in Blockchain Speed

by Kelly Cromley
Jul 18, 2025
0

The ADI Foundation has officially initiated the public testnet launch of ADI Chain, a next-generation blockchain infrastructure designed to be...

cardano

Cardano Expands Reach Through Blockchain.com DeFi Wallet Integration

by Kelly Cromley
Jul 18, 2025
0

Cardano has taken a major step forward in advancing its decentralized finance (DeFi) ambitions by being integrated into Blockchain.com’s DeFi...

Domino Printech India partners with Block Synergy Technology Limited

Domino Printech India and Block Synergy launch TagITX to combat counterfeiting with on-product traceability

by Kelly Cromley
Jul 18, 2025
0

In a major step to curb the growing problem of counterfeit goods in India, Domino Printech India, a recognized name...

Next Post
CaseBitcoin Forecasts Bitcoin Price Doubling Time Based on Past Record

CaseBitcoin Forecasts Bitcoin Price Doubling Time Based on Past Record

  • Collé Ai

    Collé: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Hyper Foundation Launched to Boost Hyperliquid Blockchain Development

    by Kelly Cromley
    Oct 15, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025

Recent News

dac partners with deepbook ai
Market News

DAC Platform and DeepBook AI Redefine Web3 Browsing

by Kelly Cromley
Jul 18, 2025
spheron partners with wire network
Market News

Spheron and Wire Blockchain Unite to Power Decentralized AI Internet

by Kelly Cromley
Jul 18, 2025
magne ai
Market News

MAGNE.AI Unveils Web3 AI Smartphone with Global Launch in KL

by Kelly Cromley
Jul 18, 2025
adi foundation
Market News

ADI Chain Testnet Launch Signals a New Era in Blockchain Speed

by Kelly Cromley
Jul 18, 2025
cardano
Cardano News

Cardano Expands Reach Through Blockchain.com DeFi Wallet Integration

by Kelly Cromley
Jul 18, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple News
  • Solana News
  • Tether News
Trustpilot

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree