Coinbase provides a neutral outlook for the Q2 market, citing macroeconomic uncertainty

金色财经_ · 2026-04-08T07:47:53+00:00

Coinbase Institutional holds a neutral outlook on the market for Q2, affected by macro and geopolitical uncertainties. Cash holdings have increased, the S&P 500 has declined significantly, and Bitcoin has performed relatively well. Institutional holdings have risen to 38%, and Morgan Stanley has launched its first spot Bitcoin ETF.

金色财经_

2026-04-08 07:47:53

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Golden Finance reports that on April 8, according to Cryptopolitan, Coinbase Institutional issued a neutral outlook for the second-quarter market, as macro and geopolitical uncertainties such as the Iran conflict make forecasts highly unreliable.
Coinbase cited a survey of fund managers at Bank of America, which found that cash holdings rose nearly one percentage point month-over-month to 4.3%, the fastest accumulation pace in five years. Despite the recent S&P 500 experiencing a drop of three to four standard deviations, Bitcoin only saw a one-standard-deviation pullback, showing relatively solid performance. U.S. spot Bitcoin ETFs recorded net inflows of about $471 million on April 6, the strongest single-day performance in six weeks, with BlackRock’s IBIT leading.
The share of institutional holdings has risen from 24% a year ago to about 38%, with hedge funds, pension funds, and others collectively holding more than $40 billion in shares. Starting April 8, Morgan Stanley listed its Bitcoin ETF on the New York Stock Exchange, becoming the first U.S. large bank to directly issue a spot Bitcoin ETF.

BTC3,58%

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