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Institutional investor

Also: institutional investors, institutions

A large organization that invests money, such as a pension fund, asset manager or insurer.

Institutions invest large sums on behalf of others, so their involvement can move markets. In crypto they mostly participate through regulated products such as spot ETFsSpot ETF A fund traded on a stock exchange that holds the actual asset, letting investors get exposure through a normal brokerage account., futures and custodians.