Experts spoke about the behavior of institutional and retail investors before the crypto rally

Institutional investors prefer to invest in Ethereum and stablecoins, while retail investors prefer to invest in Bitcoin. This follows from a new report from Bybit experts

According to it, the share of Ethereum in the portfolios of institutional investors is 39.8%, Bitcoin - 39.4%. Another 15.5% comes from stablecoins:

Experts believe that the predominance of the Ethereum share is primarily due to the upcoming Dencun update, which is expected to lead to a significant reduction in costs and strengthen the position of the asset:

In the portfolios of retail investors, according to the report, the share of stablecoins prevails - 36.6%. Altcoins account for 28.8%, Bitcoin - 23.17%. Ethereum ranks last:

At the same time, according to experts, in January 2024, both categories of investors reduced the share of altcoins in their portfolios due to the high volatility of such tokens.

This is especially clear in this diagram. Retail investors actively bought altcoins in the early fall of 2023, but later began to sell them:

It is noteworthy that in anticipation of the approval of spot Bitcoin ETFs in the United States, institutional investors began to reduce the share of crypto assets in their portfolios. Retailers, on the contrary, increased it, experts noted.