{"id":310466,"date":"2021-11-08T11:59:40","date_gmt":"2021-11-08T16:59:40","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=310466"},"modified":"2024-05-31T12:36:15","modified_gmt":"2024-05-31T12:36:15","slug":"genesis-report-shows-institutional-demand-for-bitcoin-was-fading","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/genesis-report-shows-institutional-demand-for-bitcoin-was-fading","title":{"rendered":"Genesis report shows institutional demand for Bitcoin was fading"},"content":{"rendered":"
A third-quarter report from Genesis has shown major growths across the crypto space<\/a>. The report also shows that the behaviour of institutional investors is changing, with most now turning into decentralized finance (DeFi) and altcoins.<\/p>\n The report further shows that the demand for Bitcoin by institutional investors is not as high as it used to be.<\/p>\n Genesis is a digital assets firm, and it revealed these details during the Q3 Market Observation Report. The report<\/a> showed that the demand for Bitcoin was fading because institutions were now turning towards DeFi and altcoins.<\/p>\nThe Crypto market is changing<\/h2>\n