Institutional flows in crypto are still growing, but they’re migrating toward regulated, utility-heavy rails. The data points to a simple pattern: Bitcoin and ETF products absorb the bulk of large checks, while stablecoins and tokenization pull in institutions that want operational use, not just price exposure.

BTC
65,878.43
+2.20%

SPCXB
169.78
+1.29%

MUB
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