A new report from market maker Wintermute found that institutions now dominate crypto trading, driving lower volatility, selective altcoin flows and growth in tokenized assets.

A new report from market maker Wintermute found that institutions now dominate crypto trading, driving lower volatility, selective altcoin flows and growth in tokenized assets.

Institutional crypto trading hits 81% of Coinbase volume in Q4 2025 as Wall Street firms reshape market dynamics, reduce volatility, and drive