最新报道:A Wintermute report reveals a growing divergence in crypto investment strategies between institutions and retail traders during the 2025 bull run. Institutions increased major crypto allocations to 67% via ETFs and accumulation vehicles, while retail exposure to majors dropped to 37% as they shifted toward memecoins and altcoins. Wintermute CEO Evgeny Gaevoy calls this a sign of market maturity, with institutions treating crypto as a macro asset while retail traders pursue innovation. OTC options volume surged 412% year-over-year as institutions adopted derivatives for hedging and yield generation. Memecoins like BONK and WIF gained traction, though DOGE, SHIB, and PEPE remain top by index weight. Potential SEC approval of spot Dogecoin ETFs in October could further impact retail demand.