This crypto cycle is different: Institutions are buying, retail investors are staying on the sidelines. This could be the first cycle in crypto history where financial institutions are actively participating while retail investors are almost completely absent. A series of moves from Blackrock, Morgan Stanley, Charles Schwab, Franklin Templeton, and Fannie Mae – big names – are pushing into crypto instead of withdrawing as in previous cycles. DATs are stacking crypto like it’s going out of style. In just the first two weeks of April alone, BitMine snapped up 142,776 $ETH. That’s not small change — they now control over 4% of the entire Ethereum supply, roughly 4.8 million ETH. Meanwhile, MicroStrategy just dropped another $1 billion to buy 13,927 $BTC at around $71,900. They’re now sitting on a massive 780,897 BTC and not selling a single satoshi. Retail investors will once again experience FOMO and buy when asset prices reach unimaginable levels.