Binance has seen a sharp rise in interest from institutional and corporate investors, with a 40% increase in participation this year, according to CEO Richard Teng.
This growth reflects the expanding presence of institutions in the crypto space, especially after the introduction of spot Bitcoin and Ethereum ETFs. However, Teng believes this is only the beginning of institutional involvement.
Speaking at the Token2049 conference in Singapore, Teng explained that while more institutions are exploring crypto investments, many are still hesitant due to regulatory uncertainty.
He expects that clearer regulations will attract more institutional players, which could boost liquidity in the market. He also attributed Bitcoin’s earlier surge to a new all-time high of $73,000 to institutional inflows following the approval of spot Bitcoin ETFs.
ETF Store President Nate Geraci echoed Teng’s optimism, pointing out that Bitcoin ETFs have already seen substantial inflows but have yet to reach their full potential. He anticipates further growth as more large financial institutions approve these products, and more crypto ETFs, such as Spot Solana, could launch soon.
The first week of July brings several important developments in the United States that could influence both traditional markets and the cryptocurrency sector.
Ric Edelman, one of the most influential voices in personal finance, has radically revised his stance on crypto allocation. After years of cautious optimism, he now believes that digital assets deserve a far larger share in investment portfolios than ever before.
In the case involving Terraform Labs and its co-founder Do Hyeong Kwon, the defense has asked the Federal Court for the Southern District of New York to extend the deadline for pretrial filings by two weeks, pushing it beyond the original date of July 1, 2025.
Coinbase has emerged as the best-performing stock in the S&P 500 for June, climbing 43% amid a surge of bullish momentum driven by regulatory clarity, product innovation, and deeper institutional interest in crypto.