Institutions Still Riding the Bitcoin Bull!

A Coinbase report shows 67% of institutional investors are bullish on Bitcoin heading into 2026.

Author

Danielle du Toit
October 20, 2025

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Here's what we've got for you today:

  • 67% of Institutions See Bullish 6 Months for Bitcoin: Coinbase

  • Andrew Cuomo Pushes Crypto Vision in New York Mayoral Race

  • Bitcoin’s Next Rally Will Start Once OGs Finish Selling: Analysts

  • Crypto Execs to Meet Senate Democrats Over Market Structure Legislation: Report

A new Coinbase report shows 67% of institutional investors remain bullish on Bitcoin heading into 2026.

  • Two-thirds of institutional investors are still bullish on Bitcoin heading into 2026, according to Coinbase’s “Navigating Uncertainty” report.

  • While 45% of institutions think the market is in the late stage of a bull run, crypto treasuries continue to “buy the dip.”

  • Firms like BitMine and Strategy have been key buyers. BitMine recently bought 379,000 ETH and Michael Saylor recently hinted at another major Strategy Bitcoin acquisition.

Andrew Cuomo is plotting a comeback as New York City’s next mayor with a campaign centered on crypto, AI, and biotech.

  • Former New York governor Andrew Cuomo is making a political comeback with a campaign focused on crypto, AI, and biotech, to turn New York City into “the global hub of the future.”

  • His agenda includes appointing a chief innovation officer and forming an Innovation Council with committees on crypto, AI, and biotech to drive investment, workforce development, and regulatory reform.

  • On the other hand, Cuomo’s past advisory role with crypto exchange OKX adds some controversy to his pro-innovation platform.

Bitcoin is facing resistance as long-term holders continue to cash out.

  • Analysts say Bitcoin’s recovery is constrained by long-term holders taking profits, which creates strong sell-side pressure that’s hindering upside momentum.

  • On-chain data from analyst James Check shows realized profits reaching $1.7 billion per day and revived supply from older coins surging to $2.9 billion.

  • Crypto investor Will Clemente explained that Bitcoin’s recent weakness reflects a supply shift from early adopters (“OGs”) to institutional investors, a trend he believes will fade over time.

Crypto execs from Coinbase, Ripple, Circle, and others are meeting with Senator Kirsten Gillibrand and Senate Democrats to discuss upcoming crypto market structure legislation.

  • Executives will meet with pro-crypto Senate Democrats on Wednesday in a roundtable led by Senator Kirsten Gillibrand to discuss future crypto market structure legislation.

  • Some of the attendees reportedly include leaders from Coinbase, Chainlink, Galaxy Digital, Kraken, Uniswap, Circle, Ripple, Jito, a16z Crypto, and the Solana Policy Institute.

  • The meeting is part of Gillibrand’s push for regulatory clarity through bipartisan cooperation, despite the ongoing gridlock with Republican lawmakers.

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