ChainCatcher reports that Ki Young Ju, founder of CryptoQuant, posted that the peak of this bull market is likely to be driven by institutional funds and ETFs outside the United States. Currently, South Korea has not launched a spot Bitcoin ETF, retail investors cannot purchase overseas-related ETFs, and even corporations are unable to open trading platform accounts to buy BTC. Ki Young Ju believes that previous market movements were primarily driven by Bitcoin adoption in the U.S., but the next phase will shift toward global institutionalization, accompanied by deeper stablecoin liquidity and RWA infrastructure. More institutions will hold BTC as a strategic asset, and multiple countries that have not yet launched ETFs will gradually improve their investment channels. The peak of this cycle may arrive when a banker from a regional South Korean bank recommends a spot Bitcoin ETF to an elderly grandmother as a savings option.
CryptoQuant Founder Predicts Bull Market Peak Driven by Non-U.S. Institutional Funds and ETFs
ChaincatcherShare
Summary
CryptoQuant founder Ki Young Ju said Bitcoin market developments point to a bull market peak driven by institutional adoption outside the U.S. South Korea has yet to launch a spot Bitcoin ETF, limiting retail access and platform trading for BTC. He noted that the previous cycle was fueled by U.S. Bitcoin adoption, but this one will depend on global institutional buying, stablecoin liquidity, and RWA growth. More firms will hold BTC as a core asset, and ETF access will expand in key markets. The cycle’s peak may arrive when a South Korean bank proposes a spot Bitcoin ETF to a senior for savings.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.